Bedel Financial Consulting Inc. Has $34.80 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Bedel Financial Consulting Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 691,896 shares of the company’s stock after purchasing an additional 30,628 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 3.7% of Bedel Financial Consulting Inc.’s holdings, making the stock its 3rd biggest position. Bedel Financial Consulting Inc. owned 0.08% of Vanguard Tax-Exempt Bond ETF worth $34,795,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Wellington Management Group LLP acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $347,641,000. Betterment LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after purchasing an additional 6,090,513 shares during the period. Corient Private Wealth LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after purchasing an additional 3,458,654 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard Tax-Exempt Bond ETF by 49.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after purchasing an additional 3,187,040 shares during the period. Finally, TIAA Trust National Association grew its position in shares of Vanguard Tax-Exempt Bond ETF by 14.4% in the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after purchasing an additional 1,799,750 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

Shares of VTEB opened at $50.38 on Wednesday. The stock has a 50 day simple moving average of $50.38 and a 200 day simple moving average of $50.39. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.15 and a 52-week high of $51.18.

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.