Leverty Financial Group LLC Increases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Leverty Financial Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 59,902 shares of the company’s stock after acquiring an additional 269 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 1.7% of Leverty Financial Group LLC’s portfolio, making the stock its 8th largest holding. Leverty Financial Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,062,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. raised its stake in shares of 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 worth $1,491,990,000 after acquiring an additional 1,333,540 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after buying an additional 796,659 shares during the period. Raymond James & Associates raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the second quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after acquiring an additional 255,949 shares during the last quarter. TIAA Trust National Association lifted its stake 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 acquiring an additional 2,441,163 shares during the period. Finally, Envestnet Asset Management Inc. lifted 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 acquiring an additional 502,858 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.75 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.17. The business has a 50-day moving average price of $50.85 and a two-hundred day moving average price of $50.40.

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.