Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $48.21 and last traded at $48.2450, with a volume of 16214772 shares traded. The stock had previously closed at $48.41.
Vanguard Tax-Exempt Bond ETF Stock Up 0.3%
The stock’s fifty day simple moving average is $49.50 and its 200-day simple moving average is $49.99.
Institutional Trading of Vanguard Tax-Exempt Bond ETF
Several hedge funds have recently bought and sold shares of VTEB. JPMorgan Chase & Co. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock worth $5,257,899,000 after acquiring an additional 5,461,346 shares during the last quarter. Corient Private Wealth LLC increased its position in Vanguard Tax-Exempt Bond ETF by 131.5% in the 4th quarter. Corient Private Wealth LLC now owns 4,111,685 shares of the company’s stock worth $206,775,000 after purchasing an additional 2,335,633 shares during the last quarter. Align Financial LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $96,611,000. LPL Financial LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.8% during the 4th 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. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock valued at $1,843,204,000 after buying an additional 903,850 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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