Janney Montgomery Scott LLC Lowers Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Janney Montgomery Scott LLC decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 82.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,638 shares of the company’s stock after selling 210,953 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,238,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Valley National Advisers Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $25,000. IMG Wealth Management Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $27,000. Fairway Wealth LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth $27,000. Wolff Wiese Magana LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 56.8% during the second 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. Finally, Rossby Financial LCC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the first quarter worth $35,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

Shares of NYSEARCA VTEB opened at $50.22 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.09. The firm’s fifty day moving average is $49.48 and its two-hundred day moving average is $49.06.

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.