Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stock Position Increased by Physician Wealth Solutions Inc.

Physician Wealth Solutions Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 50.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 279,615 shares of the company’s stock after purchasing an additional 93,249 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 6.9% of Physician Wealth Solutions Inc.’s holdings, making the stock its 5th biggest holding. Physician Wealth Solutions Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,076,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Advisory Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.7% during 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 during the period. Creative Planning boosted 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 buying an additional 796,659 shares during the period. Raymond James & Associates increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the third 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 raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 21.4% in the 2nd 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. Finally, Envestnet Asset Management Inc. lifted its position in shares of 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 purchasing an additional 502,858 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded up $0.34 during midday trading on Friday, hitting $50.42. 3,366,536 shares of the company’s stock were exchanged, compared to its average volume of 4,016,341. The firm’s fifty day simple moving average is $50.73 and its 200-day simple moving average is $50.43. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.44 and a twelve month high of $51.17.

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.