Sequoia Financial Advisors LLC Grows Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Sequoia Financial Advisors LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,705,535 shares of the company’s stock after acquiring an additional 78,915 shares during the period. Sequoia Financial Advisors LLC owned about 0.20% of Vanguard Tax-Exempt Bond ETF worth $85,771,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $347,641,000. Betterment LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after buying an additional 6,090,513 shares during the period. Corient Private Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after acquiring an additional 3,458,654 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 49.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after purchasing an additional 3,187,040 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 8.5% during the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after acquiring an additional 1,889,400 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

Shares of NYSEARCA:VTEB opened at $50.23 on Thursday. The firm’s 50 day moving average price is $50.30 and its 200 day moving average price is $50.40. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18.

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.