Wealth Enhancement Advisory Services LLC Increases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 35.6% in the 4th quarter, Holdings Channel reports. The fund owned 2,041,612 shares of the company’s stock after acquiring an additional 535,526 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $104,367,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after acquiring an additional 1,003,475 shares during the last quarter. Creative Planning boosted its stake in 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 purchasing an additional 796,659 shares during the period. Raymond James & Associates grew its position in 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 purchasing an additional 75,969 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings 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 valued at $469,670,000 after buying an additional 502,858 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Vanguard Tax-Exempt Bond ETF by 12.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 5,639,228 shares of the company’s stock worth $281,488,000 after purchasing an additional 640,552 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded down $0.18 on Friday, reaching $49.74. The stock had a trading volume of 2,284,239 shares, compared to its average volume of 4,093,007. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.54 and a fifty-two week high of $51.17. The business’s 50-day moving average price is $50.44 and its two-hundred day moving average price is $50.57.

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.