Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Stephens Inc. AR

Stephens Inc. AR grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 71.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,098 shares of the company’s stock after purchasing an additional 34,663 shares during the period. Stephens Inc. AR’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,161,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 39.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock worth $5,297,618,000 after acquiring an additional 30,774,028 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Tax-Exempt Bond ETF by 1.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,166,659 shares of the company’s stock worth $1,724,221,000 after purchasing an additional 669,274 shares in the last quarter. Creative Planning lifted its position in Vanguard Tax-Exempt Bond ETF by 2.7% in the second quarter. Creative Planning now owns 26,851,781 shares of the company’s stock valued at $1,316,543,000 after purchasing an additional 702,763 shares during the period. Raymond James Financial Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% in the 2nd quarter. Raymond James Financial Inc. now owns 21,831,076 shares of the company’s stock valued at $1,070,378,000 after purchasing an additional 141,078 shares in the last quarter. Finally, Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 30.6% during the 2nd quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock worth $647,430,000 after purchasing an additional 3,094,388 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.61 on Friday. The stock has a 50 day simple moving average of $50.35 and a 200-day simple moving average of $49.79. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.68.

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.