Morningstar Investment Services LLC Has $45.78 Million Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Morningstar Investment Services LLC lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Rating) by 8.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 919,511 shares of the company’s stock after selling 80,433 shares during the quarter. Morningstar Investment Services LLC owned 0.19% of Vanguard Tax-Exempt Bond ETF worth $45,783,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. First Horizon Advisors Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 491.3% in the fourth quarter. First Horizon Advisors Inc. now owns 280,993 shares of the company’s stock valued at $13,906,000 after buying an additional 233,469 shares during the period. Checchi Capital Advisers LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $1,476,000. Fairhaven Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 40.4% in the fourth quarter. Fairhaven Wealth Management LLC now owns 114,786 shares of the company’s stock valued at $5,681,000 after buying an additional 33,044 shares during the period. Sei Investments Co. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 61.3% in the fourth quarter. Sei Investments Co. now owns 8,322,159 shares of the company’s stock valued at $411,864,000 after buying an additional 3,162,372 shares during the period. Finally, Bryn Mawr Capital Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $3,076,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock traded up $0.09 during trading on Friday, reaching $49.63. The company’s stock had a trading volume of 1,045,592 shares, compared to its average volume of 3,474,622. The business has a fifty day moving average price of $50.36 and a 200-day moving average price of $50.02. Vanguard Tax-Exempt Bond ETF has a one year low of $47.38 and a one year high of $51.22.

Vanguard Tax-Exempt Bond ETF Profile

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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.