Joel Adams & Associates Inc. Sells 21,250 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Joel Adams & Associates Inc. cut its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,258 shares of the company’s stock after selling 21,250 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 5.7% of Joel Adams & Associates Inc.’s investment portfolio, making the stock its 5th largest holding. Joel Adams & Associates Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,556,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Clark Asset Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. Clark Asset Management LLC now owns 307,667 shares of the company’s stock worth $15,473,000 after buying an additional 9,792 shares during the period. Proffitt & Goodson Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 28.2% in the fourth quarter. Proffitt & Goodson Inc. now owns 35,009 shares of the company’s stock worth $1,761,000 after buying an additional 7,698 shares during the period. 5T Wealth LLC increased its position in Vanguard Tax-Exempt Bond ETF by 53.1% in the fourth quarter. 5T Wealth LLC now owns 24,578 shares of the company’s stock worth $1,236,000 after buying an additional 8,527 shares during the period. First Horizon Corp increased its position in Vanguard Tax-Exempt Bond ETF by 3.2% in the fourth quarter. First Horizon Corp now owns 330,757 shares of the company’s stock worth $16,634,000 after buying an additional 10,226 shares during the period. Finally, Rainey & Randall Wealth Advisors Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 84.2% in the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 33,069 shares of the company’s stock worth $1,663,000 after buying an additional 15,116 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.45 on Monday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.15 and a 1-year high of $51.18. The business’s fifty day moving average price is $50.40 and its two-hundred day moving average price is $50.39.

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.