Cedrus LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cedrus LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 156.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,843 shares of the company’s stock after buying an additional 13,339 shares during the quarter. Cedrus LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,117,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Charles Schwab Investment Advisory Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after buying an additional 1,333,540 shares in the last quarter. Creative Planning lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after buying an additional 796,659 shares in the last quarter. Raymond James & Associates lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.4% in the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock valued at $918,595,000 after buying an additional 75,969 shares in the last quarter. TIAA Trust National Association raised its holdings in 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 acquiring an additional 2,441,163 shares during 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 valued at $469,670,000 after acquiring an additional 502,858 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

Shares of VTEB opened at $50.76 on Friday. The stock has a fifty day moving average of $50.85 and a two-hundred day moving average of $50.40. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week 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.