Smithfield Trust Co reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 4.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 218,242 shares of the company’s stock after selling 9,474 shares during the period. Smithfield Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Wolff Wiese Magana LLC increased its holdings 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 acquiring an additional 216 shares during the last quarter. Clear Investment Research LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $50,000. Longview Financial Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $51,000. Trust Co. of Toledo NA OH bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $61,000. Finally, Farmers & Merchants Investments Inc. increased its stake in shares of 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 in the last quarter.
Vanguard Tax-Exempt Bond ETF Stock Performance
Shares of VTEB stock opened at $50.45 on Thursday. The firm’s 50 day moving average is $50.19 and its 200 day 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.
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.
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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
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