Fort Washington Investment Advisors Inc. OH Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Fort Washington Investment Advisors Inc. OH reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,614 shares of the company’s stock after selling 3,518 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,434,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $71,067,000. Charles Schwab Investment Management Inc. grew its position 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 buying an additional 1,003,475 shares during the period. Franklin Resources Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the period. Creative Planning grew its position 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 buying an additional 796,659 shares during the period. Finally, Astoria Strategic Wealth Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $33,647,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $49.93 on Friday. The firm’s 50-day moving average is $50.36 and its two-hundred day moving average is $50.55. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

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.