Vanguard Tax-Exempt Bond ETF $VTEB Stock: Jordan Park Group LLC Raises Stake

Jordan Park Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 40.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 906,842 shares of the company’s stock after acquiring an additional 259,233 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 2.2% of Jordan Park Group LLC’s portfolio, making the stock its 11th biggest holding. Jordan Park Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $42,948,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after purchasing an additional 659,339 shares during the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after purchasing an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 7.4% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after purchasing an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.8%

NYSEARCA:VTEB opened at $48.79 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $46.87 and a one year high of $51.18. The firm’s fifty day moving average price is $48.19 and its two-hundred day moving average price is $49.69.

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.