Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 414,386 shares of the company’s stock after buying an additional 34,282 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $19,625,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. King Luther Capital Management Corp boosted its stake in Vanguard Tax-Exempt Bond ETF by 10.9% during the third quarter. King Luther Capital Management Corp now owns 109,593 shares of the company’s stock valued at $5,190,000 after buying an additional 10,788 shares in the last quarter. Ritholtz Wealth Management raised its position in Vanguard Tax-Exempt Bond ETF by 36.3% in the third quarter. Ritholtz Wealth Management now owns 6,143 shares of the company’s stock worth $291,000 after acquiring an additional 1,636 shares in the last quarter. UNIVEST FINANCIAL Corp raised its position in Vanguard Tax-Exempt Bond ETF by 32.2% in the third quarter. UNIVEST FINANCIAL Corp now owns 99,802 shares of the company’s stock worth $4,727,000 after acquiring an additional 24,300 shares in the last quarter. NBH Bank raised its position in Vanguard Tax-Exempt Bond ETF by 36.8% in the third quarter. NBH Bank now owns 1,397 shares of the company’s stock worth $66,000 after acquiring an additional 376 shares in the last quarter. Finally, Joel Isaacson & Co. LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $1,767,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3%

Shares of VTEB opened at $48.64 on Friday. The firm’s 50 day moving average is $48.19 and its 200-day moving average is $49.68. Vanguard Tax-Exempt Bond ETF has a 12-month low of $46.87 and a 12-month high of $51.18.

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.