Rare Wolf Capital LLC Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Rare Wolf Capital LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,314 shares of the company’s stock, valued at approximately $1,474,000. Vanguard Tax-Exempt Bond ETF makes up about 0.9% of Rare Wolf Capital LLC’s holdings, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of VTEB. Wellington Management Group LLP acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $347,641,000. Betterment LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after acquiring an additional 6,090,513 shares in the last quarter. JPMorgan Chase & Co. lifted 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 valued at $5,257,899,000 after acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 87.6% during the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after acquiring an additional 3,458,654 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 49.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after acquiring an additional 3,187,040 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.45 on Friday. The company’s fifty day moving average is $50.23 and its 200-day moving average is $50.34. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

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.