Cedrus LLC Purchases 13,339 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cedrus LLC lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 156.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,843 shares of the company’s stock after acquiring an additional 13,339 shares during the period. Cedrus LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,117,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Advisory Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after buying 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% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $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% in the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $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% in the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $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% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock worth $469,670,000 after buying an additional 502,858 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.76 on Friday. The stock’s 50 day moving average is $50.85 and its 200 day moving average is $50.40. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month 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.