J. Derek Lewis & Associates Inc. Buys New Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

J. Derek Lewis & Associates Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,704 shares of the company’s stock, valued at approximately $790,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of VTEB. Wellington Management Group LLP bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $347,641,000. Betterment LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1,261.4% in the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after acquiring an additional 6,090,513 shares during the period. JPMorgan Chase & Co. grew its position in Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 87.6% in the second 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 period. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard Tax-Exempt Bond ETF by 49.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after acquiring an additional 3,187,040 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.45 on Friday. The business has a fifty day moving average of $50.24 and a two-hundred day moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.