Vanguard Tax-Exempt Bond Index Fund
VTEB
389 hedge funds and large institutions have $4.52B invested in Vanguard Tax-Exempt Bond Index Fund in 2019 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 181 increasing their positions, 53 reducing their positions, and 15 closing their positions.
540% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 15
242% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 53
23% more funds holding
Funds holding: 315 → 389 (+74)
15% more capital invested
Capital invested by funds: $3.92B → $4.52B (+$603M)
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
0.23% more ownership
Funds ownership: 67.07% → 67.3% (+0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$152M |
| 2 |
JP Morgan Chase
New York
|
+$135M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$78.8M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$39M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$44.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$27M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$14.9M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$5.15M |
| 5 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$2.12M |
VTEB Hedge Fund Activity: Q4 2019 in Review
389 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q4 2019, worth a combined $4.52B — up 15% from $3.92B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new VTEB positions and 15 closed out — a net gain of 81 holders — while 181 added to existing stakes and 53 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $152M. The largest seller was UBS AM, exiting entirely with an estimated $44.9M sold.
- 389 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q4 2019, up from 315 in Q3 2019.
- Funds reported $4.52B of Vanguard Tax-Exempt Bond Index Fund stock for Q4 2019, up 15% quarter-over-quarter.
- 96 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q4 2019 and 15 closed out, a net change of +81 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q4 2019 was Wealthfront Advisers, an estimated $152M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q4 2019 was UBS AM, an estimated $44.9M sold.
Based on aggregated 13F filings for Q4 2019.