Simon Quick Advisors LLC Cuts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Simon Quick Advisors LLC lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,435 shares of the company’s stock after selling 88,831 shares during the quarter. Simon Quick Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,058,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Wellington Management Group LLP purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $347,641,000. JPMorgan Chase & Co. grew its position 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 acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 87.6% during the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.8% during the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after purchasing an additional 2,396,916 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.4% in the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after purchasing an additional 2,173,235 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

NYSEARCA:VTEB opened at $50.13 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The firm’s 50 day moving average is $50.27 and its 200 day moving average is $50.37.

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.