Miracle Mile Advisors LLC Has $2.87 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Miracle Mile Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 9.8% in the 4th quarter, HoldingsChannel reports. The firm owned 57,229 shares of the company’s stock after buying an additional 5,109 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $71,067,000. Charles Schwab Investment Management Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after buying an additional 1,003,475 shares during the last quarter. Franklin Resources Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the period. Creative Planning lifted its position in Vanguard Tax-Exempt Bond ETF by 3.2% during the second 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 during the last quarter. Finally, Astoria Strategic Wealth Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $33,647,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Vanguard Tax-Exempt Bond ETF stock opened at $49.60 on Tuesday. The stock’s 50 day moving average is $50.42 and its 200-day moving average is $50.57. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.52 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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