Armstrong Advisory Group Inc. Acquires 2,583 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 24,226 shares of the company’s stock after purchasing an additional 2,583 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,214,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after buying an additional 1,003,475 shares during the last quarter. Creative Planning boosted its holdings in shares of 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 acquiring an additional 796,659 shares during the period. Raymond James & Associates grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the third quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock valued at $918,595,000 after purchasing an additional 75,969 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 5,639,228 shares of the company’s stock worth $281,488,000 after purchasing an additional 640,552 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $49.79 on Thursday. The business has a fifty day simple moving average of $50.40 and a 200 day simple moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Company 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.