First Citizens Bank & Trust Co. Purchases 8,404 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

First Citizens Bank & Trust Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 37.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 30,577 shares of the company’s stock after purchasing an additional 8,404 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares in the last quarter. Rise Advisors LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after purchasing an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after purchasing an additional 648 shares in the last quarter. Finally, Marquette Asset Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $59,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

VTEB opened at $50.00 on Monday. The firm has a 50-day moving average price of $50.34 and a 200-day moving average price of $50.55. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

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.