Valeo Financial Advisors LLC Has $2.71 Million Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Valeo Financial Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,558 shares of the company’s stock after buying an additional 10,082 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,710,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTEB. JPMorgan Chase & Co. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 19.0% in the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock worth $3,416,007,000 after purchasing an additional 11,344,416 shares in the last quarter. Creative Planning raised its position in Vanguard Tax-Exempt Bond ETF by 15.2% during the fourth quarter. Creative Planning now owns 24,754,352 shares of the company’s stock valued at $1,263,710,000 after acquiring an additional 3,258,212 shares in the last quarter. TIAA Trust National Association raised its position in Vanguard Tax-Exempt Bond ETF by 42.2% during the fourth quarter. TIAA Trust National Association now owns 10,933,323 shares of the company’s stock valued at $558,146,000 after acquiring an additional 3,246,104 shares in the last quarter. Sei Investments Co. raised its position in Vanguard Tax-Exempt Bond ETF by 19.7% during the fourth quarter. Sei Investments Co. now owns 11,046,583 shares of the company’s stock valued at $563,929,000 after acquiring an additional 1,820,365 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 82.8% in the fourth quarter. Cerity Partners LLC now owns 2,882,536 shares of the company’s stock worth $147,154,000 after acquiring an additional 1,305,680 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.16 on Thursday. The company’s fifty day simple moving average is $50.05 and its 200-day simple moving average is $50.40. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15.

Vanguard Tax-Exempt Bond ETF Company 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.