Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 26,930 shares of the company’s stock, valued at approximately $1,362,000.
A number of other institutional investors have also recently added to or reduced their stakes in VTEB. JPMorgan Chase & Co. boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.5% during the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock worth $5,257,899,000 after buying an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after acquiring an additional 903,850 shares during the last quarter. Morgan Stanley increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after acquiring an additional 2,173,235 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.8% during the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after acquiring an additional 2,396,916 shares during the period.
Vanguard Tax-Exempt Bond ETF Price Performance
Shares of VTEB stock opened at $49.66 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.76 and a twelve month high of $51.18. The company’s 50-day moving average price is $50.21 and its 200-day moving average price is $50.31.
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.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
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