Lincoln Capital Corp Sells 4,703 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Lincoln Capital Corp lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,419 shares of the company’s stock after selling 4,703 shares during the quarter. Lincoln Capital Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $890,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. TIAA Trust National Association increased its stake in Vanguard Tax-Exempt Bond ETF by 21.4% in the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after purchasing an additional 2,441,163 shares in the last quarter. Jane Street Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $82,895,000. Sanctuary Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $71,067,000. Charles Schwab Investment Advisory Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.7% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after acquiring an additional 1,333,540 shares in the last quarter. Finally, Creative Planning grew its stake in Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after acquiring an additional 796,659 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:VTEB opened at $50.33 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.17. The stock’s 50 day moving average is $50.82 and its 200-day moving average is $50.41.

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.