Members Trust Co reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 2.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,436,773 shares of the company’s stock after selling 69,755 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.0% of Members Trust Co’s portfolio, making the stock its 10th biggest holding. Members Trust Co owned about 0.38% of Vanguard Tax-Exempt Bond ETF worth $124,568,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in VTEB. TIAA Trust National Association lifted its position in 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 valued at $693,044,000 after purchasing an additional 2,441,163 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth $82,895,000. Sanctuary Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth $71,067,000. Charles Schwab Investment Advisory Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.7% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after acquiring an additional 1,333,540 shares during the last quarter. Finally, Creative Planning increased its stake in Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after acquiring an additional 796,659 shares during the last quarter.
Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %
VTEB stock traded up $0.16 during mid-day trading on Tuesday, hitting $50.78. 2,609,726 shares of the stock were exchanged, compared to its average volume of 3,928,098. The business has a fifty day moving average price of $50.84 and a 200 day moving average price of $50.39. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17.
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.
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