Vanguard Tax-Exempt Bond ETF $VTEB Position Lowered by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 70.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 313,707 shares of the company’s stock after selling 752,626 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,707,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VTEB. Jane Street Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% in the 1st quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after acquiring an additional 175,676 shares during the last quarter. Sowell Financial Services LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at $211,000. Farmers & Merchants Investments Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 63.0% during the second quarter. Farmers & Merchants Investments Inc. now owns 1,760 shares of the company’s stock worth $86,000 after purchasing an additional 680 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 32.6% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 22,147 shares of the company’s stock worth $1,086,000 after buying an additional 5,446 shares during the last quarter. Finally, Mechanics Bank Trust Department acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $441,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3%

Shares of NYSEARCA:VTEB opened at $50.43 on Wednesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68. The firm has a 50-day simple moving average of $50.36 and a 200 day simple moving average of $49.83.

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.