Manning & Napier Advisors LLC Increases Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Manning & Napier Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 641,610 shares of the company’s stock after purchasing an additional 52,479 shares during the quarter. Manning & Napier Advisors LLC owned 0.08% of Vanguard Tax-Exempt Bond ETF worth $32,010,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Chesley Taft & Associates LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 18.4% in the 4th quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after purchasing an additional 23,425 shares in the last quarter. Bear Mountain Capital Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 418.3% during the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after purchasing an additional 82,764 shares in the last quarter. Apella Capital LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 11.5% in the fourth quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock worth $21,839,000 after purchasing an additional 44,649 shares during the last quarter. Betterment LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after purchasing an additional 6,090,513 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.3% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock worth $281,599,000 after purchasing an additional 232,640 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB traded up $0.05 during mid-day trading on Friday, reaching $50.34. The stock had a trading volume of 4,921,566 shares, compared to its average volume of 7,601,897. The business’s 50 day moving average price is $50.27 and its 200 day moving average price is $50.37. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.