Jacobson & Schmitt Advisors LLC Acquires 16,610 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Jacobson & Schmitt Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 161,784 shares of the company’s stock after buying an additional 16,610 shares during the period. Jacobson & Schmitt Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,270,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VTEB. TIAA Trust National Association raised 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 in the last quarter. Jane Street Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at about $82,895,000. Sanctuary Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $71,067,000. Charles Schwab Investment Advisory Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 4.7% during 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 purchasing an additional 1,333,540 shares in the last quarter. Finally, Creative Planning raised 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 valued at $1,282,868,000 after purchasing an additional 796,659 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.33 on Friday. The stock’s 50-day simple moving average is $50.79 and its two-hundred day simple moving average is $50.42. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.36 and a twelve 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.