Sterling Financial Planning Inc. Raises Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sterling Financial Planning Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 585.8% in the fourth quarter, HoldingsChannel reports. The firm owned 38,411 shares of the company’s stock after acquiring an additional 32,810 shares during the period. Sterling Financial Planning Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,961,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VTEB. JPMorgan Chase & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 19.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock worth $3,416,007,000 after acquiring an additional 11,344,416 shares during the period. Moneta Group Investment Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 127,360.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 41,012,811 shares of the company’s stock valued at $2,029,724,000 after purchasing an additional 40,980,634 shares during the last quarter. Creative Planning boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.8% in the 3rd quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after purchasing an additional 1,742,080 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.6% in the 4th quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock valued at $879,793,000 after purchasing an additional 267,300 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.7% in the 3rd quarter. FMR LLC now owns 15,508,116 shares of the company’s stock valued at $745,940,000 after purchasing an additional 1,498,184 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of VTEB traded up $0.03 during mid-day trading on Thursday, reaching $49.94. The company had a trading volume of 2,379,722 shares, compared to its average volume of 4,195,229. The firm has a fifty day simple moving average of $50.49 and a 200-day simple moving average of $49.90. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15.

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.