Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Tortoise Investment Management LLC

Tortoise Investment Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 58.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 103,680 shares of the company’s stock after acquiring an additional 38,132 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,910,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VTEB. Wealthfront Advisers LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the last quarter. Sei Investments Co. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after purchasing an additional 659,339 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after purchasing an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 7.4% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after purchasing an additional 473,743 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after purchasing an additional 450,334 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.8%

Shares of NYSEARCA:VTEB opened at $48.79 on Friday. The firm’s 50 day moving average price is $48.19 and its 200-day moving average price is $49.69. Vanguard Tax-Exempt Bond ETF has a twelve month low of $46.87 and a twelve month 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.