Vanguard Tax-Exempt Bond Index Fund
VTEB
274 hedge funds and large institutions have $3.12B invested in Vanguard Tax-Exempt Bond Index Fund in 2019 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 118 increasing their positions, 67 reducing their positions, and 22 closing their positions.
114% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 22
76% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 67
11% more capital invested
Capital invested by funds: $2.82B → $3.12B (+$300M)
9% more funds holding
Funds holding: 252 → 274 (+22)
2.05% less ownership
Funds ownership: 71.22% → 69.17% (-2%)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthfront Advisers
Palo Alto,
California
|
+$69.8M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$45.6M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$42.9M |
| 4 |
Jane Street
New York
|
+$28.3M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$41.5M |
| 2 |
EI
Ellevest Inc
New York
|
-$13M |
| 3 |
CWM
CMH Wealth Management
Portsmouth,
New Hampshire
|
-$9.88M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.96M |
| 5 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$5.97M |
VTEB Hedge Fund Activity: Q1 2019 in Review
274 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2019, worth a combined $3.12B — up 11% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new VTEB positions and 22 closed out — a net gain of 25 holders — while 118 added to existing stakes and 67 trimmed.
The largest buyer was Wealthfront Advisers, adding an estimated $69.8M. The largest seller was Bank of America, cutting an estimated $41.5M.
- 274 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2019, up from 252 in Q4 2018.
- Funds reported $3.12B of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2019, up 11% quarter-over-quarter.
- 47 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2019 and 22 closed out, a net change of +25 holders.
- The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2019 was Wealthfront Advisers, an estimated $69.8M added.
- The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2019 was Bank of America, an estimated $41.5M sold.
Based on aggregated 13F filings for Q1 2019.