Nicholas Hoffman & Company LLC. Boosts Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Nicholas Hoffman & Company LLC. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 9,209 shares of the company’s stock after purchasing an additional 1,249 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $471,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Charles Schwab Investment Advisory Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.7% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after acquiring an additional 1,333,540 shares during the last quarter. Creative Planning grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the second 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 during the last quarter. Raymond James & Associates grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the third 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 during the last quarter. TIAA Trust National Association grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after buying an additional 2,441,163 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the second 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 Up 0.1 %

VTEB opened at $50.34 on Thursday. The stock’s 50 day moving average price is $50.79 and its 200-day moving average price is $50.42. Vanguard Tax-Exempt Bond ETF has a one year low of $47.36 and a one year 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.