Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) is ABLE Financial Group LLC’s 3rd Largest Position

ABLE Financial Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 300,967 shares of the company’s stock after buying an additional 32,923 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 4.5% of ABLE Financial Group LLC’s holdings, making the stock its 3rd biggest position. ABLE Financial Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,087,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VTEB. JPMorgan Chase & Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 5.4% during the fourth quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock valued at $1,638,063,000 after purchasing an additional 1,116,602 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $1,041,552,000. Brooklyn FI LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% during the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after purchasing an additional 16,313,682 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the fourth quarter. Northern Trust Corp now owns 16,099,227 shares of the company’s stock valued at $807,054,000 after purchasing an additional 616,932 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.73 on Monday. The business has a 50-day moving average price of $48.98 and a 200-day moving average price of $49.83. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.17.

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.