Smithfield Trust Co Reduces Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Smithfield Trust Co lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 208,165 shares of the company’s stock after selling 21,565 shares during the quarter. Smithfield Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,639,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bogart Wealth LLC increased its stake in 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 worth $30,000 after purchasing an additional 559 shares during the period. Verus Capital Partners LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $36,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $41,000. City State Bank bought a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $50,000. Finally, Rise Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after acquiring an additional 771 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.58 on Thursday. The company has a 50 day moving average price of $50.67 and a 200-day moving average price of $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.