C M Bidwell & Associates Ltd. Buys New Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

C M Bidwell & Associates Ltd. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 62,530 shares of the company’s stock, valued at approximately $3,163,000. Vanguard Tax-Exempt Bond ETF comprises about 1.3% of C M Bidwell & Associates Ltd.’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. Wellington Management Group LLP acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $347,641,000. JPMorgan Chase & Co. boosted its holdings in 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 purchasing an additional 5,461,346 shares during the period. Corient Private Wealth LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after purchasing an additional 3,458,654 shares during the period. Raymond James Financial Inc. grew its position 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 in the last quarter. Finally, Morgan Stanley grew its position in shares of Vanguard Tax-Exempt Bond ETF by 9.4% during 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 in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

VTEB stock opened at $49.54 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.76 and a 52 week high of $51.18. The business has a 50-day simple moving average of $50.05 and a 200 day simple moving average of $50.23.

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.