JPMorgan Chase & Co. Acquires 4,022,038 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

JPMorgan Chase & Co. lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,695,639 shares of the company’s stock after purchasing an additional 4,022,038 shares during the period. JPMorgan Chase & Co. owned 0.12% of Vanguard Tax-Exempt Bond ETF worth $3,945,012,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Safe Harbor Fiduciary LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $29,000. Advantage Trust Co acquired a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $42,000. Cromwell Holdings LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $48,000. Millstone Evans Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $57,000. Finally, Peterson Wealth Services bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $80,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.39 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.36 and a 12 month high of $51.17. The stock’s fifty day simple moving average is $50.08 and its 200 day simple moving average is $50.39.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

Vanguard Tax-Exempt Bond ETF 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.