Hanson & Doremus Investment Management Raises Position in Vanguard Tax-Exempt Bond ETF $VTEB

Hanson & Doremus Investment Management grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 231,247 shares of the company’s stock after buying an additional 94,367 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 1.3% of Hanson & Doremus Investment Management’s investment portfolio, making the stock its 16th largest holding. Hanson & Doremus Investment Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $347,641,000. Betterment LLC grew its holdings in shares of 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 holdings 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 worth $5,257,899,000 after acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC increased its stake 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 purchasing an additional 3,458,654 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake 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 purchasing an additional 3,187,040 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

Shares of VTEB stock opened at $50.44 on Tuesday. The stock has a fifty day moving average price of $50.24 and a 200 day moving average price of $50.34. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year 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.