Sovereign Financial Group Inc. Sells 263 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sovereign Financial Group Inc. cut its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,919 shares of the company’s stock after selling 263 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $247,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Bogart Wealth LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third 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. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at $41,000. Rise Advisors LLC raised its stake in shares of 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 valued at $56,000 after purchasing an additional 771 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 131.4% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after purchasing an additional 648 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.5 %

VTEB stock opened at $49.79 on Thursday. The stock has a 50-day simple moving average of $50.40 and a two-hundred day simple moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

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.