Members Trust Co Trims Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Members Trust Co cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.8% during the 3rd quarter, Holdings Channel reports. The firm owned 2,436,773 shares of the company’s stock after selling 69,755 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 0.0% of Members Trust Co’s investment portfolio, making the stock its 10th biggest position. Members Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $124,568,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TIAA Trust National Association increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after buying an additional 2,441,163 shares during the period. Jane Street Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter worth $82,895,000. Sanctuary Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $71,067,000. Charles Schwab Investment Advisory Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 4.7% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after purchasing an additional 1,333,540 shares during the period. Finally, Creative Planning raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after purchasing an additional 796,659 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

Shares of NYSEARCA:VTEB traded up $0.16 on Tuesday, hitting $50.78. The company had a trading volume of 2,609,726 shares, compared to its average volume of 3,928,098. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.17. The firm’s 50-day simple moving average is $50.84 and its two-hundred day simple moving average is $50.39.

Vanguard Tax-Exempt Bond ETF Company Profile

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.