JPMorgan Chase & Co. Has $5.26 Billion Stake in Vanguard Tax-Exempt Bond ETF $VTEB

JPMorgan Chase & Co. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 104,551,572 shares of the company’s stock after acquiring an additional 5,461,346 shares during the period. JPMorgan Chase & Co. owned 0.12% of Vanguard Tax-Exempt Bond ETF worth $5,257,899,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. XML Financial LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $399,000. Conquis Financial LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 40.4% during the fourth quarter. Conquis Financial LLC now owns 56,554 shares of the company’s stock worth $2,844,000 after purchasing an additional 16,266 shares during the last quarter. Lowe Brockenbrough & Co. Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 152.5% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 10,100 shares of the company’s stock worth $508,000 after purchasing an additional 6,100 shares during the last quarter. LCW Services LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $1,497,000. Finally, Schwallier Wealth Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.8% during the fourth quarter. Schwallier Wealth Management LLC now owns 17,262 shares of the company’s stock worth $873,000 after purchasing an additional 798 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.30 on Monday. The firm has a fifty day simple moving average of $50.15 and a 200 day simple moving average of $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.