Facet Wealth Inc. Cuts Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Facet Wealth Inc. trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,059,214 shares of the company’s stock after selling 17,138 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 2.1% of Facet Wealth Inc.’s portfolio, making the stock its 13th biggest holding. Facet Wealth Inc. owned about 0.26% of Vanguard Tax-Exempt Bond ETF worth $103,105,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of NYSEARCA VTEB opened at $50.48 on Friday. The firm’s 50-day moving average price is $50.36 and its 200-day moving average price is $49.84. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $50.68.

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.