B. Riley Wealth Advisors Inc. Has $945,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

B. Riley Wealth Advisors Inc. reduced its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,484 shares of the company’s stock after selling 4,654 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $945,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $1,448,000. Concourse Financial Group Securities Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 17.4% in the second quarter. Concourse Financial Group Securities Inc. now owns 28,007 shares of the company’s stock valued at $1,403,000 after buying an additional 4,146 shares in the last quarter. Proffitt & Goodson Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.8% in the second quarter. Proffitt & Goodson Inc. now owns 16,496 shares of the company’s stock worth $827,000 after acquiring an additional 1,472 shares during the last quarter. Level Financial Advisors boosted its position in Vanguard Tax-Exempt Bond ETF by 8.6% in the 2nd quarter. Level Financial Advisors now owns 8,512 shares of the company’s stock valued at $427,000 after buying an additional 673 shares during the last quarter. Finally, Precedent Wealth Partners LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 17.8% during the 2nd quarter. Precedent Wealth Partners LLC now owns 18,921 shares of the company’s stock worth $948,000 after purchasing an additional 2,855 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

VTEB opened at $50.44 on Wednesday. The company has a fifty day moving average price of $50.60 and a two-hundred day moving average price of $50.59. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.54 and a 52 week 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.