Creative Planning Buys 796,659 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Creative Planning increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,601,034 shares of the company’s stock after buying an additional 796,659 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 1.4% of Creative Planning’s holdings, making the stock its 16th biggest position. Creative Planning owned about 4.01% of Vanguard Tax-Exempt Bond ETF worth $1,282,868,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Full Sail Capital LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.6% in the second quarter. Full Sail Capital LLC now owns 1,153,502 shares of the company’s stock valued at $57,802,000 after buying an additional 91,453 shares during the period. Kitching Partners LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 0.8% in the 2nd quarter. Kitching Partners LLC now owns 49,508 shares of the company’s stock valued at $2,481,000 after acquiring an additional 383 shares during the period. Texas Capital Bank Wealth Management Services Inc raised its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the 2nd quarter. Texas Capital Bank Wealth Management Services Inc now owns 173,426 shares of the company’s stock valued at $8,690,000 after acquiring an additional 5,507 shares during the period. Core Wealth Advisors Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 18.5% during the second quarter. Core Wealth Advisors Inc. now owns 50,773 shares of the company’s stock valued at $2,544,000 after purchasing an additional 7,934 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 893,027 shares of the company’s stock worth $44,750,000 after purchasing an additional 6,615 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $51.15 on Friday. The company’s 50 day moving average is $50.77 and its 200-day moving average is $50.38. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.17.

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.