Mayflower Financial Advisors LLC Buys 10,814 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Mayflower Financial Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 250,237 shares of the company’s stock after purchasing an additional 10,814 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.3% of Mayflower Financial Advisors LLC’s portfolio, making the stock its 10th largest position. Mayflower Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,484,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted 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 valued at $5,257,899,000 after buying an additional 5,461,346 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after buying an additional 903,850 shares in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock valued at $1,265,937,000 after acquiring an additional 2,173,235 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.8% in the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock valued at $1,237,835,000 after acquiring an additional 2,396,916 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.5% during the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after acquiring an additional 1,889,400 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.64 on Tuesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The business’s fifty day moving average is $50.27 and its 200 day moving average is $50.36.

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.