Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by WBH Advisory Inc.

WBH Advisory Inc. decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 43.4% during the 1st quarter, HoldingsChannel reports. The firm owned 22,345 shares of the company’s stock after selling 17,160 shares during the period. WBH Advisory Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth $347,641,000. Betterment LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 1,261.4% in 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 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 valued at $5,257,899,000 after acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC boosted 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 valued at $363,056,000 after acquiring an additional 3,458,654 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its position 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 acquiring an additional 3,187,040 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.53 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The firm’s 50-day simple moving average is $50.27 and its 200 day simple moving average is $50.36.

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.