Raymond James Trust N.A. Buys 17,688 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Raymond James Trust N.A. boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.1% in the third quarter, HoldingsChannel reports. The firm owned 267,279 shares of the company’s stock after acquiring an additional 17,688 shares during the period. Raymond James Trust N.A.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,663,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Steele Capital Management Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.9% during the 2nd quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after buying an additional 200 shares during the period. Kohmann Bosshard Financial Services LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.3% during the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock worth $757,000 after acquiring an additional 201 shares during the last quarter. Transcendent Capital Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% during the second quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock valued at $492,000 after purchasing an additional 201 shares during the period. Merkkuri Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1.8% in the third quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after purchasing an additional 202 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its holdings in Vanguard Tax-Exempt Bond ETF by 0.8% in the second quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock worth $1,350,000 after purchasing an additional 204 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.56 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.31 and a 12-month high of $51.17. The firm has a fifty day moving average of $50.66 and a 200-day moving average of $50.47.

Vanguard Tax-Exempt Bond ETF Company 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.