Wealthspire Advisors LLC Cuts Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Wealthspire Advisors LLC lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 52.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 687,459 shares of the company’s stock after selling 751,283 shares during the quarter. Wealthspire Advisors LLC owned approximately 0.08% of Vanguard Tax-Exempt Bond ETF worth $34,572,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $347,641,000. Betterment LLC grew its holdings 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 worth $329,128,000 after buying an additional 6,090,513 shares in the last quarter. JPMorgan Chase & Co. grew its holdings 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 worth $5,257,899,000 after buying an additional 5,461,346 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of 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 buying an additional 3,458,654 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of 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 buying an additional 3,187,040 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18. The company has a fifty day simple moving average of $50.20 and a 200-day simple moving average of $50.35.

Vanguard Tax-Exempt Bond ETF 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.