Dynasty Wealth Management LLC Trims Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Dynasty Wealth Management LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 95.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,335 shares of the company’s stock after selling 109,640 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 51.8% during the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after buying an additional 7,552 shares during the period. Eclectic Associates Inc. ADV boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 89.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock worth $2,547,000 after purchasing an additional 24,014 shares during the period. Allen Capital Group LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 178.5% during the 3rd quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock worth $1,270,000 after purchasing an additional 16,255 shares during the period. Sowell Financial Services LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $211,000. Finally, Benjamin Edwards Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 12.0% in the third quarter. Benjamin Edwards Inc. now owns 112,667 shares of the company’s stock valued at $5,641,000 after purchasing an additional 12,075 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.51 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $50.68. The stock’s fifty day moving average is $50.36 and its two-hundred day moving average is $49.84.

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.