EverSource Wealth Advisors LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

EverSource Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.3% in the second quarter, HoldingsChannel.com reports. The fund owned 22,345 shares of the company’s stock after purchasing an additional 1,116 shares during the period. EverSource Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,131,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of VTEB. Charles Schwab Investment Advisory Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 4.7% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after purchasing an additional 1,333,540 shares during the last quarter. Creative Planning lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 15.2% during the 4th quarter. Creative Planning now owns 24,754,352 shares of the company’s stock worth $1,263,710,000 after acquiring an additional 3,258,212 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the 2nd quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after acquiring an additional 255,949 shares during the last quarter. TIAA Trust National Association grew its position in Vanguard Tax-Exempt Bond ETF by 21.4% in the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after acquiring an additional 2,441,163 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Vanguard Tax-Exempt Bond ETF by 6.1% in the fourth quarter. Northern Trust Corp now owns 11,720,572 shares of the company’s stock valued at $598,335,000 after acquiring an additional 672,087 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $51.04 on Monday. The stock’s 50-day simple moving average is $50.71 and its two-hundred day simple moving average is $50.36. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve 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.