Busey Bank Sells 7,523 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Busey Bank lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,713 shares of the company’s stock after selling 7,523 shares during the quarter. Busey Bank’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTEB. Sanctuary Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at $71,067,000. Charles Schwab Investment Management Inc. grew its holdings in shares of 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 period. Franklin Resources Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the last quarter. Astoria Strategic Wealth Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $33,647,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 35.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after purchasing an additional 535,526 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.12 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a fifty day moving average price of $50.32 and a 200-day moving average price of $50.55.

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.