Silver Oak Securities Incorporated Increases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Silver Oak Securities Incorporated increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,615 shares of the company’s stock after buying an additional 4,490 shares during the period. Silver Oak Securities Incorporated’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,716,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in VTEB. JPMorgan Chase & Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 19.0% during the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock worth $3,416,007,000 after buying an additional 11,344,416 shares in the last quarter. TIAA Trust National Association purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $369,755,000. Creative Planning lifted its holdings in Vanguard Tax-Exempt Bond ETF by 8.8% during the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after purchasing an additional 1,742,080 shares in the last quarter. Sei Investments Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 20.7% during the third quarter. Sei Investments Co. now owns 9,226,218 shares of the company’s stock valued at $443,782,000 after purchasing an additional 1,584,755 shares in the last quarter. Finally, FMR LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 10.7% during the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock valued at $745,940,000 after purchasing an additional 1,498,184 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB traded up $0.04 during midday trading on Friday, hitting $49.79. 2,998,131 shares of the company traded hands, compared to its average volume of 4,150,720. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The business has a 50 day simple moving average of $50.39 and a two-hundred day simple moving average of $50.00.

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.