AlphaCore Capital LLC Has $33.77 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

AlphaCore Capital LLC increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 27.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 674,399 shares of the company’s stock after purchasing an additional 146,714 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 1.1% of AlphaCore Capital LLC’s investment portfolio, making the stock its 19th largest holding. AlphaCore Capital LLC owned about 0.08% of Vanguard Tax-Exempt Bond ETF worth $33,767,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 39.8% in the second quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after buying an additional 30,774,028 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after acquiring an additional 3,458,654 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 30.6% in the 2nd quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock worth $647,430,000 after acquiring an additional 3,094,388 shares during the last quarter. Laurel Wealth Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 4,903.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,984,861 shares of the company’s stock valued at $97,318,000 after acquiring an additional 1,945,188 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 6.4% during the 3rd quarter. Wealthfront Advisers LLC now owns 22,264,110 shares of the company’s stock valued at $1,114,764,000 after purchasing an additional 1,347,394 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $51.06 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.08. The stock has a 50 day moving average price of $50.55 and a two-hundred day moving average price of $50.18.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.1398 dividend. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.