21,733 Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Steph & Co.

Steph & Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,726 shares of the company’s stock after acquiring an additional 21,733 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 1.0% of Steph & Co.’s investment portfolio, making the stock its 21st largest position. Steph & Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,871,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Corient Private Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 131.5% during 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 bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $96,611,000. LPL Financial LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 21.8% in the 4th quarter. LPL Financial LLC now owns 9,135,043 shares of the company’s stock valued at $459,401,000 after purchasing an additional 1,637,385 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after buying an additional 760,249 shares during the period. Finally, Sei Investments Co. grew its position in shares of 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 worth $706,677,000 after buying an additional 659,339 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.6%

Shares of VTEB traded down $0.27 on Wednesday, reaching $47.06. 37,668,174 shares of the company’s stock were exchanged, compared to its average volume of 10,537,647. The business has a 50 day moving average price of $48.78 and a two-hundred day moving average price of $49.69. Vanguard Tax-Exempt Bond ETF has a 12 month low of $46.89 and a 12 month 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.