Beaird Harris Wealth Management LLC Decreases Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Beaird Harris Wealth Management LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 898,253 shares of the company’s stock after selling 28,030 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 3.1% of Beaird Harris Wealth Management LLC’s holdings, making the stock its 11th biggest position. Beaird Harris Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $45,173,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wellington Management Group LLP purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth $347,641,000. Betterment LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after purchasing an additional 6,090,513 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of 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 worth $5,257,899,000 after buying an additional 5,461,346 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 87.6% during the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after buying an additional 3,458,654 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in Vanguard Tax-Exempt Bond ETF by 49.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after acquiring an additional 3,187,040 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.45 on Friday. The company has a 50 day moving average of $50.23 and a 200-day moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18.

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.