Icon Wealth Advisors LLC Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Icon Wealth Advisors LLC cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 48.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,050 shares of the company’s stock after selling 1,950 shares during the quarter. Icon Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $105,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bogart Wealth LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares in the last quarter. Verus Capital Partners LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $36,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $41,000. City State Bank bought a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $50,000. Finally, Rise Advisors LLC boosted 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 Price Performance

Shares of NYSEARCA VTEB opened at $50.62 on Monday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.31 and a 12-month high of $51.17. The stock’s 50 day simple moving average is $50.66 and its 200 day simple moving average is $50.48.

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.