Motive Wealth Advisors Lowers Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Motive Wealth Advisors decreased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 58,534 shares of the company’s stock after selling 1,135 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.6% of Motive Wealth Advisors’ portfolio, making the stock its 19th largest holding. Motive Wealth Advisors’ holdings in Vanguard Tax-Exempt Bond ETF were worth $2,934,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Captrust Financial Advisors raised its holdings in Vanguard Tax-Exempt Bond ETF by 18.6% in the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after acquiring an additional 46,219 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $103,000. Souders Financial Advisors lifted its position in Vanguard Tax-Exempt Bond ETF by 8.3% during the second quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock worth $1,372,000 after buying an additional 2,095 shares during the period. EP Wealth Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 725,620 shares of the company’s stock worth $36,361,000 after buying an additional 30,328 shares during the last quarter. Finally, Global Wealth Strategies & Associates lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18,120.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 3,644 shares of the company’s stock worth $186,000 after acquiring an additional 3,624 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $49.93 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The company’s 50 day simple moving average is $50.36 and its 200 day simple moving average is $50.55.

Vanguard Tax-Exempt Bond ETF Company 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.