Blume Capital Management Inc. Sells 21,270 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Blume Capital Management Inc. reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 154,575 shares of the company’s stock after selling 21,270 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.5% of Blume Capital Management Inc.’s holdings, making the stock its 28th biggest position. Blume Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,579,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. HB Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 51.8% in the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after purchasing an additional 7,552 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $211,000. Vanguard Group Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the 1st quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after acquiring an additional 270,058 shares in the last quarter. AE Wealth Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 8.7% in the first quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after acquiring an additional 897 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 20.0% during the first quarter. Oppenheimer & Co. Inc. now owns 14,797 shares of the company’s stock worth $734,000 after acquiring an additional 2,471 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.56 on Wednesday. The stock has a 50 day moving average price of $49.70 and a 200 day moving average price of $49.10. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09.

Vanguard Tax-Exempt Bond ETF Company 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.