Northern Trust Corp Buys 616,932 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Northern Trust Corp increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,099,227 shares of the company’s stock after buying an additional 616,932 shares during the quarter. Northern Trust Corp owned 2.52% of Vanguard Tax-Exempt Bond ETF worth $807,054,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock valued at $1,638,063,000 after purchasing an additional 1,116,602 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $1,041,552,000. Brooklyn FI LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 6,485.4% in the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after purchasing an additional 16,313,682 shares during the period. Finally, TIAA Trust National Association grew its stake in Vanguard Tax-Exempt Bond ETF by 17.5% in the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after purchasing an additional 2,308,219 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $48.91 on Tuesday. The business has a fifty day moving average price of $49.46 and a two-hundred day moving average price of $50.02. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.17.

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.