Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Holdings Increased by MCF Advisors LLC

MCF Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 562.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,347 shares of the company’s stock after acquiring an additional 22,369 shares during the period. MCF Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 19.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after purchasing an additional 11,344,416 shares during the period. Charles Schwab Investment Advisory Inc. boosted its position in shares of 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 valued at $1,437,181,000 after purchasing an additional 821,527 shares in the last quarter. Creative Planning grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.2% in the 4th quarter. Creative Planning now owns 24,754,352 shares of the company’s stock worth $1,263,710,000 after purchasing an additional 3,258,212 shares during the last quarter. Raymond James & Associates grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.6% in the 4th quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock worth $879,793,000 after purchasing an additional 267,300 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the 4th quarter. Northern Trust Corp now owns 11,720,572 shares of the company’s stock worth $598,335,000 after purchasing an additional 672,087 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded down $0.16 during trading on Friday, hitting $50.11. The company had a trading volume of 3,389,839 shares, compared to its average volume of 4,150,291. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.15. The business’s 50-day moving average is $50.04 and its 200 day moving average is $50.42.

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.