Envestnet Portfolio Solutions Inc. Grows Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Envestnet Portfolio Solutions Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.0% during the fourth quarter, HoldingsChannel reports. The fund owned 636,598 shares of the company’s stock after purchasing an additional 18,709 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $32,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock valued at $1,789,885,000 after purchasing an additional 580,997 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 8.5% in the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after purchasing an additional 1,889,400 shares during the period. Raymond James Financial Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock worth $1,112,419,000 after purchasing an additional 386,204 shares during the period. TIAA Trust National Association grew its holdings in Vanguard Tax-Exempt Bond ETF by 14.4% during the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after buying an additional 1,799,750 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Vanguard Tax-Exempt Bond ETF by 5.0% during the 3rd quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock valued at $693,922,000 after buying an additional 654,293 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of VTEB opened at $49.84 on Tuesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The business’s 50-day moving average price is $50.17 and its 200-day moving average price is $50.38.

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.