Dickmeyer Boyce Financial Management Inc. Makes New Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Dickmeyer Boyce Financial Management Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 106,969 shares of the company’s stock, valued at approximately $5,337,000. Vanguard Tax-Exempt Bond ETF accounts for approximately 3.1% of Dickmeyer Boyce Financial Management Inc.’s holdings, making the stock its 9th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $347,641,000. JPMorgan Chase & Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 5.5% during the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the last quarter. Corient Private Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 87.6% during 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. Raymond James Financial Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 10.8% during the fourth quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after purchasing an additional 2,396,916 shares during the period. Finally, Morgan Stanley increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the fourth quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after purchasing an additional 2,173,235 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.51 on Friday. The company’s 50 day moving average is $50.24 and its 200-day moving average is $50.36. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18.

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.