Vanguard Tax-Exempt Bond ETF $VTEB Stock Acquired by Jordan Park Group LLC

Jordan Park Group LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 40.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 906,842 shares of the company’s stock after buying an additional 259,233 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.2% of Jordan Park Group LLC’s investment portfolio, making the stock its 11th biggest position. Jordan Park Group LLC owned approximately 0.09% of Vanguard Tax-Exempt Bond ETF worth $42,948,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Winthrop Advisory Group LLC raised its position in Vanguard Tax-Exempt Bond ETF by 545.5% during the third quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock worth $62,112,000 after acquiring an additional 1,108,297 shares in the last quarter. Orgel Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 21.4% in the third quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock valued at $205,272,000 after acquiring an additional 763,337 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after acquiring an additional 659,339 shares during the period. Finally, Waldron Private Wealth LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $31,088,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $48.79 on Friday. The company’s 50-day moving average is $48.19 and its 200-day moving average is $49.69. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two 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.