Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Lifted by Occidental Asset Management LLC

Occidental Asset Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 6,934 shares of the company’s stock after buying an additional 1,187 shares during the quarter. Occidental Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $354,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st 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 period. Creative Planning grew its stake in shares of 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 worth $1,282,868,000 after purchasing an additional 796,659 shares in the last quarter. Raymond James & Associates grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the second quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after purchasing an additional 255,949 shares in the last quarter. TIAA Trust National Association increased 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 valued at $693,044,000 after purchasing an additional 2,441,163 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake 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 purchasing an additional 502,858 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

Shares of VTEB opened at $50.79 on Wednesday. The firm has a 50-day moving average price of $50.84 and a 200 day moving average price of $50.39. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week 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.