Vanguard Tax-Exempt Bond ETF $VTEB Stake Boosted by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,913,759 shares of the company’s stock after buying an additional 760,249 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 2.7% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 9th largest holding. Wealthfront Advisers LLC owned approximately 2.98% of Vanguard Tax-Exempt Bond ETF worth $1,242,947,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VTEB. JPL Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $25,000. Rothschild Investment LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after purchasing an additional 425 shares during the period. Nepc LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $34,000. Measured Wealth Private Client Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $37,000. Finally, Global Trust Asset Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 117.6% in the 1st quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock worth $46,000 after purchasing an additional 500 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.21 on Thursday. The firm has a fifty day moving average price of $50.27 and a 200 day moving average price of $50.37. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18.

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.