Vanguard Tax-Exempt Bond ETF $VTEB Stock Position Lifted by Mustard Seed Financial LLC

Mustard Seed Financial LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 147,764 shares of the company’s stock after purchasing an additional 17,879 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 4.4% of Mustard Seed Financial LLC’s holdings, making the stock its 7th biggest holding. Mustard Seed Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,372,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.53 on Friday. The stock’s 50 day simple moving average is $50.27 and its two-hundred day simple moving average is $50.36. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18.

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.