Sei Investments Co. Increases Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Sei Investments Co. increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,164,689 shares of the company’s stock after purchasing an additional 659,339 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 0.7% of Sei Investments Co.’s holdings, making the stock its 17th largest position. Sei Investments Co. owned 1.70% of Vanguard Tax-Exempt Bond ETF worth $706,677,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $347,641,000. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in 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 in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after buying an additional 3,458,654 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 10.8% in the fourth quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock valued at $1,237,835,000 after acquiring an additional 2,396,916 shares during the period. Finally, Morgan Stanley boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the fourth quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock valued at $1,265,937,000 after acquiring an additional 2,173,235 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3%

Shares of NYSEARCA:VTEB opened at $49.81 on Thursday. The company has a 50 day moving average of $50.25 and a 200 day moving average of $50.36. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18.

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.