UBS Group AG Increases Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

UBS Group AG increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,747,377 shares of the company’s stock after buying an additional 81,659 shares during the quarter. UBS Group AG’s holdings in Vanguard Tax-Exempt Bond ETF were worth $188,456,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VTEB. Wellington Management Group LLP purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $347,641,000. Betterment LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock worth $329,128,000 after buying an additional 6,090,513 shares in the last quarter. Corient Private Wealth LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 87.6% during the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after buying an additional 3,458,654 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Vanguard Tax-Exempt Bond ETF by 49.8% in the third 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. Finally, TIAA Trust National Association raised its position in Vanguard Tax-Exempt Bond ETF by 14.4% in the third quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after purchasing an additional 1,799,750 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.29 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The stock’s fifty day moving average is $50.34 and its two-hundred day moving average is $50.41.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

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