CWA Asset Management Group LLC Grows Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

CWA Asset Management Group LLC boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 113.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,310 shares of the company’s stock after buying an additional 6,546 shares during the period. CWA Asset Management Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $617,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VTEB. Charles Schwab Investment Management Inc. boosted its stake 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 valued at $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Creative Planning boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during 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 in the last quarter. Raymond James & Associates grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after purchasing an additional 75,969 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock valued at $469,670,000 after purchasing an additional 502,858 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of 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 valued at $281,488,000 after purchasing an additional 640,552 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $49.92 on Thursday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.54 and a twelve month high of $51.17. The firm’s 50-day moving average is $50.46 and its two-hundred day moving average is $50.58.

Vanguard Tax-Exempt Bond ETF 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.