McNaughton Wealth Management LLC Trims Stake in Vanguard Tax-Exempt Bond ETF $VTEB

McNaughton Wealth Management LLC lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.2% in the second quarter, HoldingsChannel reports. The fund owned 63,475 shares of the company’s stock after selling 19,121 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 1.4% of McNaughton Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. McNaughton Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,112,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Facet Wealth Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 314.4% in the 1st quarter. Facet Wealth Inc. now owns 2,295,943 shares of the company’s stock worth $112,088,000 after buying an additional 1,741,949 shares during the last quarter. Garde Capital Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at $47,163,000. Raymond James Financial Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after buying an additional 912,969 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after buying an additional 857,098 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 20.7% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,630,555 shares of the company’s stock worth $229,768,000 after purchasing an additional 792,628 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.98 on Friday. The stock’s fifty day moving average is $49.34 and its 200 day moving average is $49.05. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year 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.