Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Foster & Motley Inc.

Foster & Motley Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 242,562 shares of the company’s stock after buying an additional 4,654 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 0.8% of Foster & Motley Inc.’s investment portfolio, making the stock its 24th biggest holding. Foster & Motley Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,400,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 4.7% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after acquiring an additional 1,333,540 shares in the last quarter. Creative Planning boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after acquiring an additional 796,659 shares in the last quarter. Raymond James & Associates grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock valued at $918,595,000 after acquiring an additional 75,969 shares during the period. TIAA Trust National Association increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.4% in the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after purchasing an additional 2,441,163 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock worth $469,670,000 after purchasing an additional 502,858 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.46 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.04 and a 12 month high of $51.17. The stock’s 50 day moving average is $50.76 and its two-hundred day moving average is $50.44.

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.