Texas Capital Bank Wealth Management Services Inc Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Texas Capital Bank Wealth Management Services Inc lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 24.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,570 shares of the company’s stock after purchasing an additional 31,553 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 0.9% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 29th biggest position. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,146,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VTEB. GAMMA Investing LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $29,000. HM Payson & Co. purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $32,000. Capital Analysts LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% during the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after purchasing an additional 376 shares during the period. Headlands Technologies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth $39,000. Finally, Planned Solutions Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $45,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3 %

VTEB traded down $0.16 on Friday, hitting $50.10. The company’s stock had a trading volume of 6,505,981 shares, compared to its average volume of 4,164,147. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.15. The company’s 50 day simple moving average is $50.22 and its 200-day simple moving average is $50.24.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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