LPL Financial LLC Increases Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

LPL Financial LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 9,135,043 shares of the company’s stock after buying an additional 1,637,385 shares during the period. LPL Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $459,401,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VTEB. Wellington Management Group LLP purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $347,641,000. Betterment LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of 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 buying an additional 5,461,346 shares during the last quarter. Corient Private Wealth LLC lifted its holdings 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 acquiring an additional 3,458,654 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard Tax-Exempt Bond ETF by 49.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after acquiring an additional 3,187,040 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.29 on Tuesday. The business’s fifty day simple moving average is $50.16 and its 200 day simple moving average 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.