SmartHarvest Portfolios LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 27,289 shares of the company’s stock, valued at approximately $1,372,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. Wellington Management Group LLP acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $347,641,000. Betterment LLC increased its position in Vanguard Tax-Exempt Bond ETF by 1,261.4% in the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after purchasing an additional 6,090,513 shares during the period. JPMorgan Chase & Co. increased its position in Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock worth $5,257,899,000 after purchasing an additional 5,461,346 shares during the period. Corient Private Wealth LLC increased its position in Vanguard Tax-Exempt Bond ETF by 87.6% in the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its position in Vanguard Tax-Exempt Bond ETF by 49.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after purchasing an additional 3,187,040 shares during the period.
Vanguard Tax-Exempt Bond ETF Trading Up 0.2%
Shares of VTEB stock opened at $50.34 on Friday. The stock has a 50-day moving average price of $50.19 and a 200 day moving average price of $50.35. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18.
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.
Featured Stories
- Five stocks we like better than Vanguard Tax-Exempt Bond ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
Receive News & Ratings for Vanguard Tax-Exempt Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Tax-Exempt Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
