Janney Montgomery Scott LLC Buys 19,799 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Janney Montgomery Scott LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,188 shares of the company’s stock after purchasing an additional 19,799 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,636,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VTEB. Charles Schwab Investment Advisory Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock valued at $1,491,990,000 after buying an additional 1,333,540 shares during the last quarter. Creative Planning grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after purchasing an additional 796,659 shares during the last quarter. Raymond James & Associates increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the third 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. TIAA Trust National Association lifted its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after purchasing an additional 2,441,163 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in 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 buying an additional 502,858 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 1.3 %

Shares of NYSEARCA VTEB opened at $49.81 on Thursday. The stock’s fifty day moving average price is $50.75 and its two-hundred day moving average price is $50.43. Vanguard Tax-Exempt Bond ETF has a one year low of $48.34 and a one year 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.