Meridian Wealth Partners LLC Lowers Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Meridian Wealth Partners LLC lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 55.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,165 shares of the company’s stock after selling 51,841 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 0.3% of Meridian Wealth Partners LLC’s portfolio, making the stock its 27th biggest holding. Meridian Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,070,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Rothschild Investment LLC grew its position in Vanguard Tax-Exempt Bond ETF by 653.8% during the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 425 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $25,000. United Financial Planning Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $37,000. Finally, Ransom Advisory Ltd purchased a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $50,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.30 on Friday. The firm’s 50-day moving average price is $50.20 and its 200 day moving average price is $50.35. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18.

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.