Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,800 shares of the company’s stock after buying an additional 9,497 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,127,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 13.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,480,741 shares of the company’s stock valued at $119,058,000 after purchasing an additional 298,313 shares during the last quarter. Royal Bank of Canada grew its holdings in Vanguard Tax-Exempt Bond ETF by 121.9% in the third quarter. Royal Bank of Canada now owns 1,874,623 shares of the company’s stock valued at $90,171,000 after purchasing an additional 1,029,642 shares during the period. Baker Avenue Asset Management LP increased its position in Vanguard Tax-Exempt Bond ETF by 40.9% during the third quarter. Baker Avenue Asset Management LP now owns 77,696 shares of the company’s stock worth $3,737,000 after purchasing an additional 22,561 shares during the last quarter. Theory Financial LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $1,252,000. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard Tax-Exempt Bond ETF by 12.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 4,255,426 shares of the company’s stock worth $204,686,000 after purchasing an additional 463,172 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2 %

Shares of NYSEARCA VTEB traded up $0.09 during trading on Friday, hitting $50.25. 3,231,209 shares of the company traded hands, compared to its average volume of 4,139,354. The company has a 50-day moving average price of $50.06 and a 200-day moving average price of $50.40. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15.

Vanguard Tax-Exempt Bond ETF 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.