Sepio Capital LP Trims Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Sepio Capital LP lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 34.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 45,691 shares of the company’s stock after selling 23,928 shares during the period. Sepio Capital LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,298,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after buying an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock valued at $1,843,204,000 after buying an additional 903,850 shares during the last quarter. Wealthfront Advisers LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.5% in the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after purchasing an additional 1,889,400 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after purchasing an additional 386,204 shares in the last quarter. Finally, TIAA Trust National Association increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.4% in the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after purchasing an additional 1,799,750 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.34 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The business has a 50-day moving average price of $50.19 and a 200 day moving average price of $50.35.

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.