BTG Pactual Asset Management US LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

BTG Pactual Asset Management US LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,701 shares of the company’s stock after buying an additional 4,278 shares during the quarter. BTG Pactual Asset Management US LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $931,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.4% during the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after buying an additional 4,022,038 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock valued at $1,638,063,000 after acquiring an additional 1,116,602 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $1,041,552,000. Brooklyn FI LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% in the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after acquiring an additional 16,313,682 shares during the period. Finally, TIAA Trust National Association grew its position in shares of Vanguard Tax-Exempt Bond ETF by 17.5% during the fourth quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock worth $778,677,000 after purchasing an additional 2,308,219 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $48.13 on Monday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.17. The stock’s 50 day moving average is $49.79 and its 200 day moving average is $50.20.

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.