Precedent Wealth Partners LLC Acquires 14,585 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Precedent Wealth Partners LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 56.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,635 shares of the company’s stock after purchasing an additional 14,585 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,016,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VTEB. JPMorgan Chase & Co. grew its position in Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock worth $1,638,063,000 after purchasing an additional 1,116,602 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $1,041,552,000. Brooklyn FI LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% during the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after purchasing an additional 16,313,682 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Northern Trust Corp now owns 16,099,227 shares of the company’s stock worth $807,054,000 after purchasing an additional 616,932 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

NYSEARCA VTEB opened at $48.82 on Monday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.17. The business’s fifty day moving average is $48.76 and its 200-day moving average is $49.63.

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.