Cutler Investment Counsel LLC Cuts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cutler Investment Counsel LLC lessened its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.0% during the 3rd quarter, Holdings Channel reports. The firm owned 5,185 shares of the company’s stock after selling 640 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bogart Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the last quarter. Verus Capital Partners LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at $36,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $41,000. City State Bank purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $50,000. Finally, Rise Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after buying an additional 771 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

VTEB stock traded up $0.15 during trading on Friday, hitting $50.53. 5,448,186 shares of the company traded hands, compared to its average volume of 4,068,609. The stock’s 50-day simple moving average is $50.70 and its 200 day simple moving average is $50.45. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.00 and a 1 year 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.