Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 60,960 shares of the company’s stock after selling 2,668 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,046,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stone Point Wealth LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 2.4% during the fourth quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock worth $1,551,000 after acquiring an additional 723 shares during the last quarter. Boyd Wealth Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 6.4% during the fourth quarter. Boyd Wealth Management LLC now owns 34,028 shares of the company’s stock worth $1,737,000 after acquiring an additional 2,049 shares during the last quarter. Per Stirling Capital Management LLC. increased its stake in Vanguard Tax-Exempt Bond ETF by 0.5% during the fourth quarter. Per Stirling Capital Management LLC. now owns 105,976 shares of the company’s stock worth $5,410,000 after acquiring an additional 480 shares during the last quarter. Vise Technologies Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 6.8% during the fourth quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock worth $3,592,000 after acquiring an additional 4,458 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $47,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3 %

Shares of VTEB traded down $0.16 during midday trading on Friday, hitting $50.11. 3,389,835 shares of the stock were exchanged, compared to its average volume of 4,150,291. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The stock has a fifty day simple moving average of $50.04 and a 200 day simple moving average of $50.42.

About Vanguard Tax-Exempt Bond ETF

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.