Coastline Trust Co Buys 20,859 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Coastline Trust Co grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 205,194 shares of the company’s stock after acquiring an additional 20,859 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 1.2% of Coastline Trust Co’s portfolio, making the stock its 22nd biggest position. Coastline Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,286,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Cullen Frost Bankers Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 29.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock valued at $23,585,000 after buying an additional 108,101 shares during the last quarter. Vanguard Group Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 42.5% during the 4th quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock worth $175,463,000 after purchasing an additional 1,044,587 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after purchasing an additional 1,116 shares during the period. Central Pacific Bank Trust Division acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $103,000. Finally, Eclectic Associates Inc. ADV raised its stake in Vanguard Tax-Exempt Bond ETF by 5.3% during the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after buying an additional 972 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of VTEB opened at $48.65 on Friday. The firm’s fifty day simple moving average is $49.63 and its two-hundred day simple moving average is $50.12. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.17.

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.