Foster Victor Wealth Advisors LLC Sells 317 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Foster Victor Wealth Advisors LLC cut its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 295,382 shares of the company’s stock after selling 317 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 1.1% of Foster Victor Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Foster Victor Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,976,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VTEB. Goldman Sachs Group Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 112.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,020,303 shares of the company’s stock valued at $52,086,000 after purchasing an additional 540,233 shares during the period. Fisher Asset Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 241.9% during the fourth quarter. Fisher Asset Management LLC now owns 39,996 shares of the company’s stock valued at $2,042,000 after purchasing an additional 28,297 shares during the period. ICA Group Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $99,000. Trust Co. of Vermont purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $37,000. Finally, Foster Group Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 600.9% during the 1st quarter. Foster Group Inc. now owns 895,779 shares of the company’s stock worth $45,326,000 after acquiring an additional 767,979 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.79 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.17. The stock has a 50 day moving average price of $50.84 and a 200 day moving average price of $50.39.

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.