Savant Capital LLC Reduces Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Savant Capital LLC reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,469,418 shares of the company’s stock after selling 105,816 shares during the quarter. Savant Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $73,897,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock valued at $1,789,885,000 after buying an additional 580,997 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 8.5% during the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after purchasing an additional 1,889,400 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after purchasing an additional 386,204 shares in the last quarter. TIAA Trust National Association grew its position in shares of 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 purchasing an additional 1,799,750 shares in the last quarter. Finally, Sei Investments Co. grew its position in shares of 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 purchasing an additional 654,293 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.28 on Friday. The company has a fifty day moving average price of $50.10 and a 200-day moving average price of $50.35. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18.

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.