Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC decreased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.2% during the second quarter, Holdings Channel.com reports. The firm owned 14,356 shares of the company’s stock after selling 3,870 shares during the period. HB Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in VTEB. GAMMA Investing LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $29,000. Naples Money Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $34,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $37,000. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at approximately $46,000. Finally, Northwest Financial Advisors acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $47,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB traded down $0.04 during trading hours on Thursday, reaching $50.65. 791,768 shares of the company were exchanged, compared to its average volume of 4,018,984. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The stock’s 50-day moving average is $50.49 and its 200-day moving average is $50.34.

Vanguard Tax-Exempt Bond ETF Company 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.