Jacobson & Schmitt Advisors LLC Increases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Jacobson & Schmitt Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 161,784 shares of the company’s stock after acquiring an additional 16,610 shares during the period. Jacobson & Schmitt Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,270,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VTEB. TIAA Trust National Association raised its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% in the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after acquiring an additional 2,441,163 shares during the last quarter. Jane Street Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $82,895,000. Sanctuary Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $71,067,000. Charles Schwab Investment Advisory Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after acquiring an additional 1,333,540 shares during the last quarter. 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 acquiring an additional 796,659 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $50.33 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.36 and a twelve month high of $51.17. The company has a 50 day moving average of $50.79 and a 200 day moving average of $50.42.

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.