US Bancorp DE Acquires 616,761 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

US Bancorp DE boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,852,897 shares of the company’s stock after purchasing an additional 616,761 shares during the period. US Bancorp DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $196,690,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 2.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 185,420 shares of the company’s stock valued at $9,466,000 after acquiring an additional 4,263 shares during the period. Sand Hill Global Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $5,939,000. King Luther Capital Management Corp increased its position in Vanguard Tax-Exempt Bond ETF by 19.3% in the fourth quarter. King Luther Capital Management Corp now owns 125,280 shares of the company’s stock worth $6,396,000 after buying an additional 20,247 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 17,911 shares of the company’s stock valued at $914,000 after buying an additional 1,384 shares during the period. Finally, Seven Mile Advisory purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $215,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

VTEB traded down $0.11 during trading hours on Thursday, hitting $49.80. The stock had a trading volume of 2,703,478 shares, compared to its average volume of 4,183,126. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15. The company’s fifty day simple moving average is $50.17 and its 200 day simple moving average is $50.31.

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.