Kestra Private Wealth Services LLC Has $12.15 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

Kestra Private Wealth Services LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 243,460 shares of the company’s stock after acquiring an additional 23,853 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,146,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. JPMorgan Chase & Co. increased its position in shares of 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. Northwestern Mutual Wealth Management Co. lifted its position in 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 purchasing an additional 903,850 shares during the period. Morgan Stanley lifted its position in Vanguard Tax-Exempt Bond ETF by 9.4% during 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 during the period. Raymond James Financial Inc. grew its stake 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 buying an additional 2,396,916 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 8.5% during the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock worth $1,214,680,000 after buying an additional 1,889,400 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.53 on Friday. The company’s 50-day moving average price is $50.25 and its two-hundred day moving average price is $50.35. 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.