Master S Wealth Management Inc. Purchases 24,486 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Master S Wealth Management Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 30.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 106,094 shares of the company’s stock after buying an additional 24,486 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 1.8% of Master S Wealth Management Inc.’s investment portfolio, making the stock its 9th largest position. Master S Wealth Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,293,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VTEB. Wellington Management Group LLP purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $347,641,000. Betterment LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd 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 during the period. JPMorgan Chase & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 5.5% in the 4th 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 period. Corient Private Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd 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 last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in Vanguard Tax-Exempt Bond ETF by 49.8% in the 3rd 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 last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.64 on Tuesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week high of $51.18. The business’s fifty day moving average is $50.27 and its two-hundred day moving average is $50.36.

About Vanguard Tax-Exempt Bond ETF

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.