Financial Life Advisors Decreases Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Life Advisors cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,912 shares of the company’s stock after selling 938 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 1.8% of Financial Life Advisors’ portfolio, making the stock its 18th biggest position. Financial Life Advisors’ holdings in Vanguard Tax-Exempt Bond ETF were worth $4,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $29,000. Capital Analysts LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after purchasing an additional 376 shares in the last quarter. Trust Co. of Vermont bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $37,000. Planned Solutions Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $45,000. Finally, Eagle Bay Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $46,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

NYSEARCA:VTEB traded down $0.22 during midday trading on Monday, hitting $49.89. The stock had a trading volume of 3,299,342 shares, compared to its average volume of 4,143,483. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15. The stock has a 50-day moving average of $50.04 and a 200 day 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.