Bristlecone Value Partners LLC Purchases New Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Bristlecone Value Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,436 shares of the company’s stock, valued at approximately $977,000. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.1% of Bristlecone Value Partners LLC’s portfolio, making the stock its 20th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Wellington Management Group LLP bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $347,641,000. Betterment LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after purchasing an additional 6,090,513 shares during the period. JPMorgan Chase & Co. grew its stake 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 valued at $5,257,899,000 after purchasing an additional 5,461,346 shares during the period. Corient Private Wealth LLC grew its stake in shares of 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 purchasing an additional 3,458,654 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 49.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after purchasing an additional 3,187,040 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

VTEB stock opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.46 and a 1-year high of $51.18. The business’s 50 day moving average is $50.20 and its 200-day moving average is $50.35.

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.