12,243 Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.4% during the 3rd quarter, Holdings Channel reports. The firm owned 130,203 shares of the company’s stock after purchasing an additional 12,243 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after purchasing an additional 760,249 shares during the last quarter. Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after buying an additional 659,339 shares during the last quarter. Bank of America Corp DE increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after buying an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF by 7.4% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after buying an additional 473,743 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after buying an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $47.96 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $46.87 and a 12-month high of $51.18. The stock’s 50 day moving average price is $48.53 and its two-hundred day moving average price is $49.59.

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.