Claro Advisors LLC Purchases 25,452 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Claro Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 139.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,639 shares of the company’s stock after acquiring an additional 25,452 shares during the quarter. Claro Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,140,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after acquiring an additional 857,098 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the first quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after acquiring an additional 912,969 shares in the last quarter. TIAA Trust National Association increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.7% during the second quarter. TIAA Trust National Association now owns 12,455,750 shares of the company’s stock valued at $610,703,000 after acquiring an additional 207,882 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 8,963,105 shares of the company’s stock valued at $439,461,000 after acquiring an additional 368,696 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.1% during the first quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock valued at $295,588,000 after acquiring an additional 545,244 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.39 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.09. The firm’s 50-day moving average price is $50.02 and its 200-day moving average price is $49.25.

Vanguard Tax-Exempt Bond ETF Company 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.