Fairscale Capital LLC Sells 1,962 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Fairscale Capital LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,601 shares of the company’s stock after selling 1,962 shares during the quarter. Fairscale Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $286,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after acquiring an additional 1,003,475 shares during the last quarter. Creative Planning boosted its holdings in shares of 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 acquiring an additional 796,659 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock valued at $918,595,000 after acquiring an additional 75,969 shares during the last quarter. TIAA Trust National Association boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after acquiring an additional 2,441,163 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock valued at $469,670,000 after acquiring an additional 502,858 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA VTEB opened at $50.62 on Friday. The firm’s 50-day moving average price is $50.66 and its 200-day moving average price is $50.48. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.31 and a 52-week high of $51.17.

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.