First Ascent Asset Management LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

First Ascent Asset Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,576,165 shares of the company’s stock after acquiring an additional 151,911 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 9.0% of First Ascent Asset Management LLC’s holdings, making the stock its 3rd largest position. First Ascent Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $80,463,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in VTEB. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 19.0% during the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after acquiring an additional 11,344,416 shares during the period. TIAA Trust National Association acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $369,755,000. Creative Planning lifted its stake in Vanguard Tax-Exempt Bond ETF by 8.8% in the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after buying an additional 1,742,080 shares during the period. Sei Investments Co. lifted its stake in Vanguard Tax-Exempt Bond ETF by 20.7% in the third quarter. Sei Investments Co. now owns 9,226,218 shares of the company’s stock valued at $443,782,000 after buying an additional 1,584,755 shares during the period. Finally, FMR LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock valued at $745,940,000 after buying an additional 1,498,184 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0 %

NYSEARCA:VTEB traded down $0.02 during mid-day trading on Tuesday, hitting $49.87. The company had a trading volume of 1,449,045 shares, compared to its average volume of 4,108,678. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The business’s fifty day moving average is $50.38 and its two-hundred day moving average is $50.03.

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.