Accelerate Investment Advisors LLC Increases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Accelerate Investment Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,468 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Accelerate Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $374,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after purchasing an additional 1,003,475 shares during the last quarter. Creative Planning increased its position in shares of Vanguard Tax-Exempt Bond ETF by 3.2% during the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after purchasing an additional 796,659 shares during the last quarter. Raymond James & Associates increased its position in shares of 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 valued at $918,595,000 after purchasing an additional 75,969 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of 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 valued at $281,488,000 after purchasing an additional 640,552 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after purchasing an additional 818,486 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3 %

Shares of Vanguard Tax-Exempt Bond ETF stock traded down $0.16 during trading hours on Monday, hitting $49.55. 5,390,910 shares of the company’s stock traded hands, compared to its average volume of 4,862,543. The company has a fifty day simple moving average of $50.43 and a 200-day simple moving average of $50.57. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.54 and a 12-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.