Vanguard Tax-Exempt Bond ETF $VTEB Stock Bought by Detalus Advisors LLC

Detalus Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 119.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 123,880 shares of the company’s stock after purchasing an additional 67,305 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 1.1% of Detalus Advisors LLC’s portfolio, making the stock its 21st largest holding. Detalus Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,867,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VTEB. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the period. Sei Investments Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after buying an additional 659,339 shares during the period. Bank of America Corp DE increased its stake in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after buying an additional 594,110 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 7.4% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after buying an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after buying an additional 450,334 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.7%

VTEB stock opened at $47.96 on Friday. The company has a 50 day moving average of $48.53 and a two-hundred day moving average of $49.59. Vanguard Tax-Exempt Bond ETF has a 12-month low of $46.87 and a 12-month high of $51.18.

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.