Kelman Lazarov Inc. Sells 15,104 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Kelman Lazarov Inc. cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,555 shares of the company’s stock after selling 15,104 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.7% of Kelman Lazarov Inc.’s holdings, making the stock its 24th largest position. Kelman Lazarov Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,146,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HB Wealth Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 51.8% in the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after acquiring an additional 7,552 shares in the last quarter. Sowell Financial Services LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $211,000. Kingswood Wealth Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $222,000. Vanguard Group Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 7.7% during the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after purchasing an additional 270,058 shares during the period. Finally, AE Wealth Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 8.7% during the first quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after purchasing an additional 897 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.50 on Friday. The company’s 50 day moving average is $49.64 and its 200 day moving average is $49.09. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.09.

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.