Drive Wealth Management LLC Has $1.69 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Drive Wealth Management LLC trimmed its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,970 shares of the company’s stock after selling 4,396 shares during the quarter. Drive Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LRI Investments LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $172,000. Glassy Mountain Advisors Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 5.6% in the second quarter. Glassy Mountain Advisors Inc. now owns 38,341 shares of the company’s stock valued at $1,921,000 after buying an additional 2,017 shares during the period. Calton & Associates Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 6.1% in the second quarter. Calton & Associates Inc. now owns 5,897 shares of the company’s stock valued at $295,000 after buying an additional 337 shares during the period. Souders Financial Advisors boosted its position in Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after acquiring an additional 2,095 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 725,620 shares of the company’s stock worth $36,361,000 after acquiring an additional 30,328 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.53 on Monday. The stock has a 50-day moving average price of $50.69 and a 200-day moving average price of $50.46. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.00 and a 1-year high of $51.17.

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.