Financial Counselors Inc. Boosts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Counselors Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,850 shares of the company’s stock after purchasing an additional 2,789 shares during the period. Financial Counselors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,986,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VTEB. TIAA Trust National Association grew its position in Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd 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. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $71,067,000. 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 lifted 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 period. Finally, Koss Olinger Consulting LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $33,945,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $51.05 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.54 and a 52-week high of $51.17. The business has a 50-day moving average price of $50.64 and a 200-day moving average price of $50.50.

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.