Tenet Wealth Partners LLC Invests $1.73 Million in Vanguard Tax-Exempt Bond ETF $VTEB

Tenet Wealth Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,745 shares of the company’s stock, valued at approximately $1,726,000. Vanguard Tax-Exempt Bond ETF comprises about 1.3% of Tenet Wealth Partners LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wellington Management Group LLP acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $347,641,000. JPMorgan Chase & Co. increased its stake in shares of 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 valued at $5,257,899,000 after buying an additional 5,461,346 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 87.6% during the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after acquiring an additional 3,458,654 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.8% during the fourth quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock valued at $1,237,835,000 after acquiring an additional 2,396,916 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.4% during the fourth quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock valued at $1,265,937,000 after acquiring an additional 2,173,235 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Vanguard Tax-Exempt Bond ETF stock opened at $48.88 on Friday. The business’s 50-day simple moving average is $49.82 and its 200 day simple moving average is $50.13. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.85 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.