Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Boosted by GenTrust LLC

GenTrust LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 703,646 shares of the company’s stock after purchasing an additional 103,265 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.8% of GenTrust LLC’s investment portfolio, making the stock its 14th largest holding. GenTrust LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $35,970,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares during the last quarter. Creative Planning lifted its stake in 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. Raymond James & Associates lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.4% during the third quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after purchasing an additional 75,969 shares during the last quarter. TIAA Trust National Association increased its position in Vanguard Tax-Exempt Bond ETF by 21.4% in the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after buying an additional 2,441,163 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the second quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock valued at $469,670,000 after acquiring an additional 502,858 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.62 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.31 and a 1 year high of $51.17. The firm has a fifty day moving average of $50.66 and a 200-day moving average of $50.47.

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.