PNC Financial Services Group Inc. Sells 34,656 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

PNC Financial Services Group Inc. trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,374,390 shares of the company’s stock after selling 34,656 shares during the quarter. PNC Financial Services Group Inc. owned about 0.31% of Vanguard Tax-Exempt Bond ETF worth $116,416,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VTEB. Wolff Wiese Magana LLC raised its position in Vanguard Tax-Exempt Bond ETF by 56.8% in the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after purchasing an additional 216 shares during the last quarter. Clear Investment Research LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $50,000. Longview Financial Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth $51,000. Trust Co. of Toledo NA OH acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $61,000. Finally, Farmers & Merchants Investments Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 63.0% in the second quarter. Farmers & Merchants Investments Inc. now owns 1,760 shares of the company’s stock worth $86,000 after purchasing an additional 680 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

VTEB opened at $50.45 on Thursday. The firm’s fifty day simple moving average is $50.19 and its 200 day simple moving average is $49.32. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.09.

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.