Serenity Investment Advisors Acquires New Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Serenity Investment Advisors bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 17,010 shares of the company’s stock, valued at approximately $848,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $347,641,000. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the fourth 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 in the last quarter. Corient Private Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after buying an additional 3,458,654 shares during the last quarter. Raymond James Financial Inc. raised its position 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. Finally, Morgan Stanley raised 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 valued at $1,265,937,000 after buying an additional 2,173,235 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $49.60 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.65 and a 52 week high of $51.18. The stock’s 50 day moving average price is $50.23 and its two-hundred day moving average price is $50.32.

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.