Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 49.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 415,790 shares of the company’s stock after selling 398,877 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $19,692,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares in the last quarter. Sei Investments Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after acquiring an additional 594,110 shares during the period. Franklin Resources Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.1% during the 4th quarter. Franklin Resources Inc. now owns 6,272,115 shares of the company’s stock worth $315,425,000 after purchasing an additional 188,310 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after purchasing an additional 450,334 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB traded down $0.01 during mid-day trading on Thursday, hitting $47.05. 19,906,904 shares of the company’s stock were exchanged, compared to its average volume of 10,580,203. The business’s 50 day moving average is $48.78 and its two-hundred day moving average is $49.69. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week 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.