7,412 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Bought by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,412 shares of the company’s stock, valued at approximately $379,000.

A number of other institutional investors also recently modified their holdings of VTEB. Charles Schwab Investment Management Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares during the period. Creative Planning grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after purchasing an additional 796,659 shares during the last quarter. Raymond James & Associates increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the third quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after purchasing an additional 75,969 shares during the period. TIAA Trust National Association boosted its stake in Vanguard Tax-Exempt Bond ETF by 21.4% during 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 during the period. Finally, Envestnet Asset Management Inc. grew 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 buying an additional 502,858 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB traded up $0.20 during trading on Monday, hitting $50.82. The company’s stock had a trading volume of 2,385,362 shares, compared to its average volume of 4,046,728. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.36 and a 52 week high of $51.17. The firm has a 50 day moving average price of $50.66 and a 200 day moving average price of $50.48.

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.