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

First Citizens Bank & Trust Co. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1,681.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 about 0.5% of First Citizens Bank & Trust Co.’s portfolio, making the stock its 24th largest position. First Citizens Bank & Trust Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $29,747,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VTEB. HB Wealth Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 51.8% during the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after buying an additional 7,552 shares during the last quarter. Eclectic Associates Inc. ADV lifted its stake in Vanguard Tax-Exempt Bond ETF by 89.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock valued at $2,547,000 after acquiring an additional 24,014 shares in the last quarter. Allen Capital Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 178.5% during the 3rd quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock worth $1,270,000 after acquiring an additional 16,255 shares during the last quarter. Sowell Financial Services LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $211,000. Finally, Benjamin Edwards Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 112,667 shares of the company’s stock worth $5,641,000 after acquiring an additional 12,075 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.52 on Friday. The company’s 50-day moving average is $50.36 and its 200 day moving average is $49.86. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68.

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.