Evanson Financial LLC Invests $16.64 Million in Vanguard Tax-Exempt Bond ETF $VTEB

Evanson Financial LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 329,034 shares of the company’s stock, valued at approximately $16,643,000. Vanguard Tax-Exempt Bond ETF makes up about 0.8% of Evanson Financial LLC’s investment portfolio, making the stock its 24th biggest position.

Other large investors have also recently made changes to their positions in the company. Wellington Management Group LLP acquired a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $347,641,000. JPMorgan Chase & Co. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock worth $5,257,899,000 after acquiring an additional 5,461,346 shares during the period. Corient Private Wealth LLC grew its position 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 valued at $363,056,000 after acquiring 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 valued at $1,237,835,000 after acquiring an additional 2,396,916 shares during the period. Finally, Morgan Stanley increased its stake 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 valued at $1,265,937,000 after purchasing an additional 2,173,235 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.67 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.76 and a twelve month high of $51.18. The business has a 50-day moving average price of $50.19 and a 200 day moving average price of $50.29.

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.