LPL Financial LLC Has $459.40 Million Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

LPL Financial LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 9,135,043 shares of the company’s stock after acquiring an additional 1,637,385 shares during the period. LPL Financial LLC owned approximately 1.08% of Vanguard Tax-Exempt Bond ETF worth $459,401,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. PFG Investments LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1.3% in the fourth quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after acquiring an additional 198 shares during the period. Quantum Financial Planning Services Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 2.1% in the fourth quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after acquiring an additional 199 shares during the period. Jordan Park Trust Co LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1.8% in the fourth quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after acquiring an additional 200 shares during the period. Bridgewealth Advisory Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock valued at $257,000 after acquiring an additional 200 shares during the period. Finally, Planning Directions Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 1.1% in the fourth quarter. Planning Directions Inc. now owns 18,551 shares of the company’s stock valued at $933,000 after acquiring an additional 207 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.29 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The stock has a 50 day moving average price of $50.16 and a two-hundred day moving average price of $50.35.

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.