Watchman Group Inc. Sells 25,018 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Watchman Group Inc. lowered its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 60.7% in the fourth quarter, HoldingsChannel reports. The fund owned 16,168 shares of the company’s stock after selling 25,018 shares during the period. Watchman Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $813,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock worth $1,789,885,000 after acquiring an additional 580,997 shares during the last quarter. Wealthfront Advisers LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.5% during the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after acquiring an additional 1,889,400 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock worth $1,112,419,000 after purchasing an additional 386,204 shares during the period. TIAA Trust National Association grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the third quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock worth $713,772,000 after purchasing an additional 1,799,750 shares during the period. Finally, Sei Investments Co. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.0% during the third quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock worth $693,922,000 after purchasing an additional 654,293 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.84 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The business has a fifty day simple moving average of $50.17 and a 200 day simple moving average of $50.38.

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.