Baker Boyer National Bank Has $63.27 Million Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Baker Boyer National Bank boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,262,039 shares of the company’s stock after acquiring an additional 29,385 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 21.9% of Baker Boyer National Bank’s investment portfolio, making the stock its biggest position. Baker Boyer National Bank owned about 0.20% of Vanguard Tax-Exempt Bond ETF worth $63,266,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at $71,067,000. Charles Schwab Investment Management Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after acquiring an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares in the last quarter. Astoria Strategic Wealth Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $33,647,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after buying an additional 535,526 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of NYSEARCA VTEB opened at $50.18 on Wednesday. The firm’s 50-day moving average is $50.32 and its 200-day moving average is $50.55. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

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.