Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $48.83 and last traded at $48.87, with a volume of 11962704 shares traded. The stock had previously closed at $48.88.
Vanguard Tax-Exempt Bond ETF Stock Performance
The business’s 50 day simple moving average is $49.75 and its two-hundred day simple moving average is $50.10.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $347,641,000. JPMorgan Chase & Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.8% in the fourth quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after buying an additional 2,396,916 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the fourth quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after buying an additional 2,173,235 shares during the last quarter.
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.
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