Vanguard Tax-Exempt Bond ETF $VTEB Stock Bought by CX Institutional

CX Institutional lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 492,818 shares of the company’s stock after acquiring an additional 64,260 shares during the period. CX Institutional’s holdings in Vanguard Tax-Exempt Bond ETF were worth $23,340,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.5% in the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock worth $5,257,899,000 after purchasing an additional 5,461,346 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after buying an additional 760,249 shares during the last quarter. Sei Investments Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after buying an additional 659,339 shares during the period. Bank of America Corp DE lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after buying an additional 594,110 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 21.8% during the fourth quarter. LPL Financial LLC now owns 9,135,043 shares of the company’s stock valued at $459,401,000 after buying an additional 1,637,385 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded down $0.22 during mid-day trading on Friday, hitting $47.25. The stock had a trading volume of 45,436,056 shares, compared to its average volume of 10,115,350. The company has a 50 day moving average of $48.98 and a two-hundred day moving average of $49.77. Vanguard Tax-Exempt Bond ETF has a twelve month low of $46.89 and a twelve month 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.