Rockwood Wealth Management LLC Cuts Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Rockwood Wealth Management LLC decreased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 74.7% during the fourth quarter, HoldingsChannel reports. The firm owned 181,849 shares of the company’s stock after selling 535,764 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 1.0% of Rockwood Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Rockwood Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,120,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its position in Vanguard Tax-Exempt Bond ETF by 47.3% during the second quarter. Thrivent Financial for Lutherans now owns 71,757 shares of the company’s stock valued at $3,596,000 after buying an additional 23,056 shares during the period. AQR Capital Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $516,000. Daymark Wealth Partners LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 90.8% during the 2nd quarter. Daymark Wealth Partners LLC now owns 20,088 shares of the company’s stock valued at $1,007,000 after acquiring an additional 9,557 shares during the period. Beaird Harris Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 893,027 shares of the company’s stock worth $44,750,000 after acquiring an additional 6,615 shares during the last quarter. Finally, Core Wealth Advisors Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 18.5% in the 2nd quarter. Core Wealth Advisors Inc. now owns 50,773 shares of the company’s stock worth $2,544,000 after purchasing an additional 7,934 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.00 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The business has a 50 day moving average price of $50.34 and a 200-day moving average price of $50.55.

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.