Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Bowman & Co S.C.

Bowman & Co S.C. decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 27.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 95,461 shares of the company’s stock after selling 36,370 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 2.5% of Bowman & Co S.C.’s investment portfolio, making the stock its 7th largest holding. Bowman & Co S.C.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,785,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VTEB. Charles Schwab Investment Management Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in 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 period. Creative Planning grew 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 during the last quarter. Raymond James & Associates increased 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 valued at $918,595,000 after purchasing an additional 75,969 shares during the period. Franklin Resources Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after purchasing an additional 433,676 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:VTEB opened at $49.94 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The company’s 50 day moving average is $50.38 and its 200 day moving average is $50.56.

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.