Burney Co. Has $3.64 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

Burney Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,944 shares of the company’s stock after acquiring an additional 12,432 shares during the period. Burney Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. 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 valued at $5,257,899,000 after purchasing an additional 5,461,346 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 valued at $1,843,204,000 after purchasing an additional 903,850 shares in the last quarter. Morgan Stanley grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.4% during the fourth 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 during the last quarter. Raymond James Financial Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.8% in the fourth 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 period. Finally, Wealthfront Advisers LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.5% in the fourth quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after buying an additional 1,889,400 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2%

NYSEARCA:VTEB opened at $50.42 on Wednesday. The firm’s 50 day simple moving average is $50.27 and its 200 day simple moving average is $50.37. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year 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.