Geneos Wealth Management Inc. Has $3.51 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Geneos Wealth Management Inc. trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 69,968 shares of the company’s stock after selling 29,864 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,508,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $71,067,000. Charles Schwab Investment Management Inc. lifted its stake in 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 in the last quarter. Franklin Resources Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares in the last quarter. Creative Planning boosted its position 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 worth $1,282,868,000 after acquiring an additional 796,659 shares during the last quarter. Finally, Astoria Strategic Wealth Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $33,647,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.00 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The firm has a fifty day simple moving average of $50.34 and a 200 day simple moving average of $50.55.

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.