Silver Oak Advisory Group Inc. Decreases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Silver Oak Advisory Group Inc. lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 218,912 shares of the company’s stock after selling 7,072 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 6.6% of Silver Oak Advisory Group Inc.’s portfolio, making the stock its 4th largest position. Silver Oak Advisory Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Vanguard Tax-Exempt Bond ETF by 19.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock worth $3,416,007,000 after acquiring an additional 11,344,416 shares during the period. Creative Planning raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.8% in the 3rd quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after acquiring an additional 1,742,080 shares during the period. Raymond James & Associates increased its stake in Vanguard Tax-Exempt Bond ETF by 1.6% in the fourth quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock valued at $879,793,000 after purchasing an additional 267,300 shares in the last quarter. FMR LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock valued at $745,940,000 after purchasing an additional 1,498,184 shares in the last quarter. Finally, Morgan Stanley raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.8% in the third quarter. Morgan Stanley now owns 11,719,618 shares of the company’s stock worth $563,714,000 after purchasing an additional 425,933 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock traded down $0.14 on Thursday, hitting $49.77. The stock had a trading volume of 5,814,408 shares, compared to its average volume of 4,165,127. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The company has a fifty day moving average price of $50.41 and a two-hundred day moving average price of $49.98.

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.