Pinnacle Associates Ltd. lowered its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 10.0% in the fourth quarter, HoldingsChannel reports. The fund owned 98,399 shares of the company’s stock after selling 10,884 shares during the period. Pinnacle Associates Ltd.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,948,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Tax-Exempt Bond ETF by 1.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock worth $1,789,885,000 after acquiring an additional 580,997 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.5% during the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after buying an additional 1,889,400 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock worth $1,112,419,000 after buying an additional 386,204 shares during the last quarter. TIAA Trust National Association boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock worth $713,772,000 after buying an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.0% during the 3rd quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock worth $693,922,000 after buying an additional 654,293 shares during the last quarter.
Vanguard Tax-Exempt Bond ETF Stock Performance
Vanguard Tax-Exempt Bond ETF stock opened at $49.83 on Friday. The firm has a 50-day moving average of $50.18 and a 200-day moving average of $50.38. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18.
About Vanguard Tax-Exempt Bond ETF
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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