TIAA Trust National Association Lowers Position in Vanguard Tax-Exempt Bond ETF $VTEB

TIAA Trust National Association lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 2.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,972,314 shares of the company’s stock after selling 283,186 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 1.7% of TIAA Trust National Association’s investment portfolio, making the stock its 15th biggest position. TIAA Trust National Association’s holdings in Vanguard Tax-Exempt Bond ETF were worth $702,666,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 653.8% in the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after buying an additional 425 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $25,000. United Financial Planning Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $37,000. Finally, Ransom Advisory Ltd purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $50,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.29 on Tuesday. The stock’s 50-day simple moving average is $50.16 and its two-hundred day simple moving average is $50.35. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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