Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stock Position Increased by Twele Capital Management Inc.

Twele Capital Management Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,715 shares of the company’s stock after buying an additional 1,021 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.4% of Twele Capital Management Inc.’s investment portfolio, making the stock its 20th largest position. Twele Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,790,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares during the last quarter. Creative Planning boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during 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 in the last quarter. Raymond James & Associates grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after acquiring an additional 75,969 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard Tax-Exempt Bond ETF by 12.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 5,639,228 shares of the company’s stock worth $281,488,000 after purchasing an additional 640,552 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after purchasing an additional 818,486 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.79 on Thursday. The business’s 50-day moving average price is $50.40 and its 200 day moving average price is $50.56. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17.

Vanguard Tax-Exempt Bond ETF 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.