Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Lessened by Riversedge Advisors LLC

Riversedge Advisors LLC lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146,599 shares of the company’s stock after selling 1,573 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.7% of Riversedge Advisors LLC’s holdings, making the stock its 17th largest position. Riversedge Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,349,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 24.9% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 15,402 shares of the company’s stock worth $763,000 after acquiring an additional 3,075 shares during the last quarter. Orgel Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 2.5% in the 4th quarter. Orgel Wealth Management LLC now owns 2,550,303 shares of the company’s stock worth $127,847,000 after purchasing an additional 62,184 shares during the last quarter. Trust Co. of Vermont acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $706,000. CGN Advisors LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 25.3% in the fourth quarter. CGN Advisors LLC now owns 203,050 shares of the company’s stock valued at $10,179,000 after purchasing an additional 41,055 shares during the period. Finally, Premier Path Wealth Partners LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $220,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $49.94 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The business has a 50 day simple moving average of $50.38 and a 200 day simple moving average of $50.56.

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.