Linscomb Wealth Inc. Raises Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Linscomb Wealth Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 43,925 shares of the company’s stock after buying an additional 3,154 shares during the quarter. Linscomb Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,245,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in VTEB. TIAA Trust National Association grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after purchasing an additional 2,441,163 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the first quarter worth about $82,895,000. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $71,067,000. Creative Planning grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after purchasing an additional 796,659 shares during the last quarter. Finally, Koss Olinger Consulting LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $33,945,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

Shares of VTEB opened at $50.51 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.00 and a fifty-two week high of $51.17. The firm has a 50-day simple moving average of $50.70 and a 200-day simple moving average of $50.45.

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.