NewEdge Advisors LLC Sells 426,389 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

NewEdge Advisors LLC decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 48.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 448,328 shares of the company’s stock after selling 426,389 shares during the quarter. NewEdge Advisors LLC owned about 0.05% of Vanguard Tax-Exempt Bond ETF worth $22,764,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VTEB. Wellington Management Group LLP purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $347,641,000. JPMorgan Chase & Co. raised its stake 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 valued at $5,257,899,000 after acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after acquiring an additional 3,458,654 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.8% in the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after acquiring an additional 2,396,916 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after acquiring an additional 2,173,235 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

VTEB stock opened at $49.70 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.58 and a 12 month high of $51.18. The company has a 50-day moving average price of $50.24 and a 200 day moving average price of $50.33.

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.