Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 195,848 shares of the company’s stock after selling 24,915 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 1.0% of Texas Capital Bank Wealth Management Services Inc’s investment portfolio, making the stock its 20th biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,818,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VTEB. JPMorgan Chase & Co. raised its position in Vanguard Tax-Exempt Bond ETF by 5.4% in the fourth quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock worth $3,945,012,000 after acquiring an additional 4,022,038 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock worth $1,638,063,000 after purchasing an additional 1,116,602 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $1,041,552,000. Brooklyn FI LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% in the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after buying an additional 16,313,682 shares during the period. Finally, TIAA Trust National Association grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 17.5% during the fourth quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after buying an additional 2,308,219 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.9 %

Vanguard Tax-Exempt Bond ETF stock traded up $0.45 during mid-day trading on Thursday, hitting $48.97. The company’s stock had a trading volume of 3,732,475 shares, compared to its average volume of 4,925,331. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.17. The firm’s 50 day moving average is $49.87 and its 200 day moving average is $50.24.

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.