Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Twele Capital Management Inc.

Twele Capital Management Inc. lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 32.2% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,482 shares of the company’s stock after selling 11,166 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.2% of Twele Capital Management Inc.’s holdings, making the stock its 24th biggest position. Twele Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,176,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. Wolff Wiese Magana LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 56.8% in the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after acquiring an additional 216 shares in the last quarter. Sound Income Strategies LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1,500.0% in the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after purchasing an additional 780 shares during the last quarter. Avalon Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $49,000. Clear Investment Research LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $50,000. Finally, Longview Financial Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $51,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $50.23 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.68. The firm’s 50-day moving average is $50.36 and its two-hundred day moving average is $49.62.

Vanguard Tax-Exempt Bond ETF 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.