Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Lifted by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 336,294 shares of the company’s stock after buying an additional 1,358 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $17,134,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in Vanguard Tax-Exempt Bond ETF by 19.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock worth $3,416,007,000 after acquiring an additional 11,344,416 shares during the period. TIAA Trust National Association lifted its holdings in Vanguard Tax-Exempt Bond ETF by 42.2% in the fourth quarter. TIAA Trust National Association now owns 10,933,323 shares of the company’s stock worth $558,146,000 after purchasing an additional 3,246,104 shares during the period. Creative Planning grew its position in Vanguard Tax-Exempt Bond ETF by 8.8% in the 3rd 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 in the last quarter. Sei Investments Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 20.7% during the 3rd 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 increased its stake in Vanguard Tax-Exempt Bond ETF by 10.7% during the 3rd 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 0.1 %

Shares of NYSEARCA:VTEB traded down $0.05 during trading on Friday, reaching $49.74. The company had a trading volume of 2,741,635 shares, compared to its average volume of 4,184,826. The firm’s fifty day moving average is $50.14 and its 200 day moving average is $50.31. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15.

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.