Kings Path Partners LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Kings Path Partners LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 123,163 shares of the company’s stock, valued at approximately $5,833,000. Vanguard Tax-Exempt Bond ETF comprises 1.5% of Kings Path Partners LLC’s portfolio, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after purchasing an additional 760,249 shares in the last quarter. Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after purchasing an additional 659,339 shares during the last quarter. Bank of America Corp DE increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after purchasing an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 7.4% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after purchasing an additional 473,743 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.01 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week high of $51.18. The stock has a 50-day simple moving average of $48.39 and a 200-day simple moving average of $49.54.

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.