Mill Creek Capital Advisors LLC Trims Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Mill Creek Capital Advisors LLC trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,525 shares of the company’s stock after selling 219 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $231,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Creative Planning raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd 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. Raymond James & Associates increased its stake in Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after buying an additional 75,969 shares during the period. TIAA Trust National Association increased its stake in Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after buying an additional 2,441,163 shares during the period. Envestnet Asset Management Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock worth $469,670,000 after buying an additional 502,858 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in Vanguard Tax-Exempt Bond ETF by 12.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,639,228 shares of the company’s stock worth $281,488,000 after buying an additional 640,552 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

Shares of VTEB opened at $50.53 on Monday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.00 and a fifty-two week high of $51.17. The firm’s 50 day moving average price is $50.69 and its 200 day moving average price is $50.46.

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.