Simon Quick Advisors LLC Sells 88,831 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Simon Quick Advisors LLC reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 121,435 shares of the company’s stock after selling 88,831 shares during the quarter. Simon Quick Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,058,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings 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 valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after purchasing an additional 903,850 shares during the last quarter. Morgan Stanley grew its position in 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 worth $1,265,937,000 after purchasing an additional 2,173,235 shares in the last quarter. Wealthfront Advisers LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.1% in the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 10.8% in 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 buying an additional 2,396,916 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

NYSEARCA:VTEB opened at $50.13 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The firm has a 50-day moving average price of $50.27 and a two-hundred day moving average price of $50.37.

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.