MGO Private Wealth LLC Increases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

MGO Private Wealth LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 35.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 34,493 shares of the company’s stock after buying an additional 9,027 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 1.2% of MGO Private Wealth LLC’s portfolio, making the stock its 20th largest holding. MGO Private Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,761,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 19.0% in the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after purchasing an additional 11,344,416 shares during the period. TIAA Trust National Association acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $369,755,000. Creative Planning increased its stake in Vanguard Tax-Exempt Bond ETF by 8.8% in the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after purchasing an additional 1,742,080 shares during the period. Sei Investments Co. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 20.7% during the third quarter. Sei Investments Co. now owns 9,226,218 shares of the company’s stock worth $443,782,000 after acquiring an additional 1,584,755 shares during the period. Finally, FMR LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.7% during the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock worth $745,940,000 after acquiring an additional 1,498,184 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.04 on Friday, reaching $49.79. 2,998,131 shares of the stock were exchanged, compared to its average volume of 4,150,720. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.15. The business has a fifty day moving average price of $50.39 and a two-hundred day moving average price of $50.00.

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.