Smithfield Trust Co Sells 21,565 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Smithfield Trust Co cut its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 208,165 shares of the company’s stock after selling 21,565 shares during the period. Smithfield Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,639,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. TIAA Trust National Association boosted its position in Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock valued at $693,044,000 after acquiring an additional 2,441,163 shares in the last quarter. Jane Street Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at about $82,895,000. Sanctuary Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $71,067,000. Creative Planning grew its stake in Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after purchasing an additional 796,659 shares during the last quarter. Finally, Koss Olinger Consulting LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $33,945,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.58 on Thursday. The company’s 50-day simple moving average is $50.67 and its 200-day simple moving average is $50.47. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.24 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF 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.