Sunflower Bank N.A. Boosts Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sunflower Bank N.A. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 812,890 shares of the company’s stock after buying an additional 1,026 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 11.3% of Sunflower Bank N.A.’s investment portfolio, making the stock its 3rd biggest holding. Sunflower Bank N.A.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $40,336,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Onyx Bridge Wealth Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 54.9% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 7,473 shares of the company’s stock valued at $375,000 after purchasing an additional 2,649 shares in the last quarter. Financial Advocates Investment Management grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.4% in the 4th quarter. Financial Advocates Investment Management now owns 18,871 shares of the company’s stock valued at $946,000 after buying an additional 2,937 shares during the period. Glassy Mountain Advisors Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.8% in the 4th quarter. Glassy Mountain Advisors Inc. now owns 39,942 shares of the company’s stock valued at $2,002,000 after buying an additional 1,091 shares during the period. 1900 Wealth Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 1.6% in the 4th quarter. 1900 Wealth Management LLC now owns 188,280 shares of the company’s stock valued at $9,438,000 after buying an additional 3,044 shares in the last quarter. Finally, Ledyard National Bank acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $230,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

Shares of NYSEARCA:VTEB opened at $48.61 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.17. The business’s 50 day simple moving average is $48.81 and its two-hundred day simple moving average is $49.72.

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.