Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Private Client Services LLC

Private Client Services LLC decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,759 shares of the company’s stock after selling 1,786 shares during the quarter. Private Client Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $740,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VTEB. Sanctuary Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $71,067,000. Charles Schwab Investment Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares during the last quarter. Creative Planning lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after buying an additional 796,659 shares in the last quarter. Finally, Astoria Strategic Wealth Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $33,647,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded down $0.19 during mid-day trading on Wednesday, reaching $49.89. 4,115,323 shares of the stock traded hands, compared to its average volume of 3,862,108. The business has a 50-day moving average of $50.46 and a 200 day moving average of $50.58. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.54 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.