Tidal Investments LLC Buys Shares of 220,727 Vanguard Tax-Exempt Bond ETF $VTEB

Tidal Investments LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 220,727 shares of the company’s stock, valued at approximately $11,133,000.

A number of other hedge funds have also made changes to their positions in the stock. Wellington Management Group LLP acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $347,641,000. JPMorgan Chase & Co. increased its stake in 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 valued at $5,257,899,000 after buying an additional 5,461,346 shares during the period. Corient Private Wealth LLC increased its stake 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 period. Raymond James Financial Inc. lifted 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 worth $1,237,835,000 after buying an additional 2,396,916 shares in the last quarter. Finally, Morgan Stanley lifted 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 buying an additional 2,173,235 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $48.43 on Friday. The firm has a fifty day moving average of $49.62 and a two-hundred day moving average of $50.06. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.22 and a 12-month high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.