Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 66,616 shares of the company’s stock after selling 7,101 shares during the period. J.W. Cole Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,266,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 8.7% in the 1st quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after buying an additional 897 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at approximately $900,000. SlateStone Wealth LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.7% in the 1st quarter. SlateStone Wealth LLC now owns 13,214 shares of the company’s stock worth $656,000 after acquiring an additional 225 shares during the last quarter. Modera Wealth Management LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the 1st quarter. Modera Wealth Management LLC now owns 682,255 shares of the company’s stock worth $33,854,000 after acquiring an additional 4,916 shares during the last quarter. Finally, SSA Swiss Advisors AG purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $1,749,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.54 on Thursday. The business’s 50 day moving average is $50.31 and its two-hundred day moving average is $49.41. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week 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.