West Financial Advisors LLC Has $56.17 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

West Financial Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,110,601 shares of the company’s stock after purchasing an additional 15,756 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 8.5% of West Financial Advisors LLC’s portfolio, making the stock its 5th largest holding. West Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $56,174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after acquiring an additional 5,461,346 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Tax-Exempt Bond ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after acquiring an additional 903,850 shares in the last quarter. Morgan Stanley raised its holdings in Vanguard Tax-Exempt Bond ETF by 9.4% during the fourth quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after acquiring an additional 2,173,235 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 10.8% during 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 purchasing an additional 2,396,916 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $49.81 on Friday. The stock has a 50 day moving average price of $50.18 and a 200 day moving average price of $50.29. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.76 and a 52 week high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.