Studio Investment Management LLC Lowers Position in Vanguard Tax-Exempt Bond ETF $VTEB

Studio Investment Management LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 41.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,270 shares of the company’s stock after selling 6,490 shares during the period. Studio Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $455,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VTEB. Valley National Advisers Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at $25,000. IMG Wealth Management Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at $27,000. Fairway Wealth LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at $27,000. Wolff Wiese Magana LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after buying an additional 216 shares during the period. Finally, Rossby Financial LCC bought a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at $35,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.56 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.09. The stock has a fifty day moving average of $49.70 and a 200 day moving average of $49.10.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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