Independent Advisor Alliance Acquires 16,029 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Independent Advisor Alliance increased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,982 shares of the company’s stock after purchasing an additional 16,029 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in VTEB. Wellington Management Group LLP purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $347,641,000. Betterment LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after purchasing an additional 6,090,513 shares during the period. Corient Private Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Vanguard Tax-Exempt Bond ETF by 49.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after purchasing an additional 3,187,040 shares during the period. Finally, Wealthfront Advisers LLC grew its position 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.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

NYSEARCA:VTEB opened at $50.10 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The company has a 50 day simple moving average of $50.21 and a two-hundred day simple moving average of $50.39.

Vanguard Tax-Exempt Bond ETF Company 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.