Royal Bank of Canada Has $165.19 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Royal Bank of Canada decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,311,160 shares of the company’s stock after selling 91,724 shares during the quarter. Royal Bank of Canada owned 0.40% of Vanguard Tax-Exempt Bond ETF worth $165,194,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bear Mountain Capital Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 418.3% during the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock worth $5,190,000 after acquiring an additional 82,764 shares in the last quarter. Apella Capital LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.5% in the 4th quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after purchasing an additional 44,649 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock valued at $281,599,000 after purchasing an additional 232,640 shares during the last quarter. Master S Wealth Management Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $4,104,000. Finally, Broussard Financial Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $542,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

Shares of NYSEARCA:VTEB opened at $49.65 on Friday. The company’s fifty day moving average is $50.23 and its 200 day moving average is $50.33. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.65 and a 52 week high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.