46,685 Shares in Vanguard Tax-Exempt Bond ETF $VTEB Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 46,685 shares of the company’s stock, valued at approximately $2,211,000.

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

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

Shares of NYSEARCA VTEB opened at $48.51 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18. The stock has a fifty day moving average of $48.33 and a 200-day moving average of $49.52.

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.