Linscomb & Williams Inc. Has $1.37 Million Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Linscomb & Williams Inc. reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 61.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,805 shares of the company’s stock after selling 42,681 shares during the period. Linscomb & Williams Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of VTEB. JPMorgan Chase & Co. boosted its position in Vanguard Tax-Exempt Bond ETF by 19.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after buying an additional 11,344,416 shares during the last quarter. Charles Schwab Investment Advisory Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 3.0% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 28,152,423 shares of the company’s stock worth $1,437,181,000 after buying an additional 821,527 shares during the period. Creative Planning raised its stake in Vanguard Tax-Exempt Bond ETF by 8.8% during the 3rd quarter. Creative Planning now owns 21,496,140 shares of the company’s stock worth $1,033,964,000 after buying an additional 1,742,080 shares during the period. Raymond James & Associates raised its stake in Vanguard Tax-Exempt Bond ETF by 1.6% during the 4th quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock worth $879,793,000 after buying an additional 267,300 shares during the period. Finally, FMR LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 10.7% during the 3rd quarter. FMR LLC now owns 15,508,116 shares of the company’s stock worth $745,940,000 after buying an additional 1,498,184 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded down $0.05 during mid-day trading on Friday, hitting $49.74. The company had a trading volume of 2,741,635 shares, compared to its average volume of 4,184,826. The firm has a 50-day simple moving average of $50.14 and a two-hundred day simple moving average of $50.32. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15.

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.