Cetera Investment Advisers Purchases 61,202 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Cetera Investment Advisers boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 640,928 shares of the company’s stock after acquiring an additional 61,202 shares during the period. Cetera Investment Advisers’ holdings in Vanguard Tax-Exempt Bond ETF were worth $31,425,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Facet Wealth Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 314.4% during the 1st quarter. Facet Wealth Inc. now owns 2,295,943 shares of the company’s stock worth $112,088,000 after acquiring an additional 1,741,949 shares in the last quarter. Raymond James Financial Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 4.4% in the first quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock worth $1,076,258,000 after purchasing an additional 912,969 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Tax-Exempt Bond ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after purchasing an additional 857,098 shares in the last quarter. Creative Planning lifted its position in Vanguard Tax-Exempt Bond ETF by 2.7% during the second quarter. Creative Planning now owns 26,851,781 shares of the company’s stock valued at $1,316,543,000 after purchasing an additional 702,763 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in Vanguard Tax-Exempt Bond ETF by 293.6% during the first quarter. Focus Partners Wealth now owns 909,113 shares of the company’s stock valued at $45,110,000 after purchasing an additional 678,116 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.34 on Tuesday. The firm has a fifty day simple moving average of $50.25 and a two-hundred day simple moving average of $49.35. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09.

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.