State Farm Mutual Automobile Insurance Co. Buys 74,279 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

State Farm Mutual Automobile Insurance Co. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.1% in the 4th quarter, Holdings Channel reports. The firm owned 250,690 shares of the company’s stock after acquiring an additional 74,279 shares during the period. State Farm Mutual Automobile Insurance Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,607,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Eldridge Investment Advisors Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.0% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 18,671 shares of the company’s stock worth $939,000 after purchasing an additional 1,223 shares in the last quarter. 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 worth $459,401,000 after purchasing an additional 1,637,385 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the fourth quarter. Franklin Resources Inc. now owns 6,272,115 shares of the company’s stock worth $315,425,000 after purchasing an additional 188,310 shares in the last quarter. IMA Advisory Services Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 30.0% during the fourth quarter. IMA Advisory Services Inc. now owns 3,889 shares of the company’s stock worth $196,000 after purchasing an additional 897 shares in the last quarter. Finally, JPMorgan Chase & Co. grew 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 worth $5,257,899,000 after purchasing an additional 5,461,346 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.29 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The business has a 50-day moving average of $50.16 and a 200-day moving average of $50.35.

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.