Spinnaker Investment Group LLC Has $617,000 Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Spinnaker Investment Group LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,071 shares of the company’s stock after selling 1,093 shares during the quarter. Spinnaker Investment Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $617,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VTEB. Creative Planning boosted its holdings 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 valued at $1,282,868,000 after buying an additional 796,659 shares during the last quarter. Raymond James & Associates lifted its stake in 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 valued at $918,595,000 after acquiring an additional 75,969 shares during the last quarter. TIAA Trust National Association grew its position 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 valued at $693,044,000 after acquiring an additional 2,441,163 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock worth $469,670,000 after purchasing an additional 502,858 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,639,228 shares of the company’s stock valued at $281,488,000 after purchasing an additional 640,552 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

Shares of NYSEARCA:VTEB opened at $50.53 on Friday. The company has a 50-day simple moving average of $50.69 and a 200 day simple moving average of $50.45. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.00 and a 52-week high of $51.17.

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.