Successful Portfolios LLC Decreases Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Successful Portfolios LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,277 shares of the company’s stock after selling 765 shares during the quarter. Successful Portfolios LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $218,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VTEB. Bank of New York Mellon Corp raised its holdings in Vanguard Tax-Exempt Bond ETF by 144.4% during the first quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock worth $13,776,000 after purchasing an additional 157,887 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 81.6% in the 1st quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock valued at $2,940,000 after acquiring an additional 25,628 shares during the period. NewEdge Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 11.2% in the 1st quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock valued at $1,540,000 after buying an additional 3,010 shares during the period. Prudential Financial Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 11.7% in the 1st quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock valued at $1,356,000 after buying an additional 2,756 shares during the period. Finally, AJ Wealth Strategies LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at $3,989,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.01 on Thursday, hitting $50.60. The company’s stock had a trading volume of 4,401,062 shares, compared to its average volume of 3,974,768. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The firm has a fifty day moving average price of $50.64 and a 200-day moving average price of $49.75.

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.