Fifth Third Bancorp Purchases New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Fifth Third Bancorp purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,890 shares of the company’s stock, valued at approximately $1,448,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Per Stirling Capital Management LLC. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.5% during the 4th quarter. Per Stirling Capital Management LLC. now owns 105,976 shares of the company’s stock worth $5,410,000 after purchasing an additional 480 shares during the period. Vise Technologies Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.8% during the 4th quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock worth $3,592,000 after purchasing an additional 4,458 shares during the period. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $47,000. Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 55,857 shares of the company’s stock worth $2,851,000 after purchasing an additional 7,066 shares during the period. Finally, Brandywine Oak Private Wealth LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.0% during the 4th quarter. Brandywine Oak Private Wealth LLC now owns 107,747 shares of the company’s stock worth $5,500,000 after purchasing an additional 3,165 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

NYSEARCA VTEB opened at $50.78 on Thursday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15. The business’s fifty day moving average is $50.45 and its 200-day moving average is $50.33.

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.