Capstone Financial Advisors Inc. Grows Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Capstone Financial Advisors Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 99.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 179,431 shares of the company’s stock after acquiring an additional 89,365 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.5% of Capstone Financial Advisors Inc.’s investment portfolio, making the stock its 20th biggest holding. Capstone Financial Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings 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 worth $1,711,760,000 after purchasing an additional 857,098 shares in the last quarter. Raymond James Financial Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock worth $1,076,258,000 after acquiring an additional 912,969 shares in the last quarter. TIAA Trust National Association lifted its position in Vanguard Tax-Exempt Bond ETF by 1.7% in the second quarter. TIAA Trust National Association now owns 12,455,750 shares of the company’s stock valued at $610,703,000 after acquiring an additional 207,882 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 8,963,105 shares of the company’s stock valued at $439,461,000 after acquiring an additional 368,696 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 10.1% in the first quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock valued at $295,588,000 after acquiring an additional 545,244 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2%

Shares of VTEB stock opened at $50.37 on Friday. The stock’s 50-day moving average is $50.22 and its two-hundred day moving average is $49.32. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year 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.