First Citizens Bank & Trust Co. Has $29.75 Million Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

First Citizens Bank & Trust Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1,681.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 594,111 shares of the company’s stock after buying an additional 560,755 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.5% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 24th largest holding. First Citizens Bank & Trust Co. owned about 0.07% of Vanguard Tax-Exempt Bond ETF worth $29,747,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Litman Gregory Wealth Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.6% during the third quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after acquiring an additional 204 shares in the last quarter. Moseley Investment Management Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the third quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock valued at $505,000 after purchasing an additional 206 shares during the period. Wolff Wiese Magana LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares during the period. FDx Advisors Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the second quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock valued at $2,398,000 after purchasing an additional 218 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock worth $3,135,000 after purchasing an additional 221 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.52 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $50.68. The stock has a 50-day moving average of $50.36 and a 200-day moving average of $49.86.

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.