Addison Advisors LLC Decreases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Addison Advisors LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 28.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,353 shares of the company’s stock after selling 1,325 shares during the quarter. Addison Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $171,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in VTEB. Charles Schwab Investment Advisory Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 4.7% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after buying an additional 1,333,540 shares during the last quarter. Creative Planning increased its stake in 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 valued at $1,282,868,000 after purchasing an additional 796,659 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the third quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after buying an additional 75,969 shares during the last quarter. TIAA Trust National Association lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after buying an additional 2,441,163 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the second quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock valued at $469,670,000 after buying an additional 502,858 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of VTEB opened at $50.49 on Tuesday. The stock has a 50-day moving average of $50.73 and a two-hundred day moving average of $50.44. Vanguard Tax-Exempt Bond ETF has a one year low of $48.49 and a one year high of $51.17.

About Vanguard Tax-Exempt Bond ETF

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.