Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,338 shares of the company’s stock after selling 1,480 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $886,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VTEB. Bogart Wealth LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after acquiring an additional 559 shares during the period. Verus Capital Partners LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $36,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $41,000. City State Bank acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $50,000. Finally, Rise Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after acquiring an additional 771 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB traded down $0.04 during trading on Friday, reaching $50.31. 578,719 shares of the company traded hands, compared to its average volume of 3,934,578. The firm’s fifty day simple moving average is $50.79 and its 200 day simple moving average is $50.42. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.78 and a 12-month high of $51.17.

About Vanguard Tax-Exempt Bond ETF

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.