JPMorgan Chase & Co. Trims Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

JPMorgan Chase & Co. reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 74,673,601 shares of the company’s stock after selling 70,527 shares during the period. JPMorgan Chase & Co. owned about 11.69% of Vanguard Tax-Exempt Bond ETF worth $3,817,314,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $29,000. Bogart Wealth LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares during the last quarter. Verus Capital Partners LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $36,000. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $41,000. Finally, Rise Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock traded down $0.01 during trading on Thursday, reaching $49.96. 5,628,911 shares of the stock traded hands, compared to its average volume of 4,214,764. The business’s 50 day moving average price is $50.52 and its 200-day moving average price is $50.59. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.54 and a 52-week high of $51.17.

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.