Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by My Legacy Advisors LLC

My Legacy Advisors LLC trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 27.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,635 shares of the company’s stock after selling 21,588 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 1.2% of My Legacy Advisors LLC’s portfolio, making the stock its 18th biggest position. My Legacy Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,946,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. TIAA Trust National Association grew its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after acquiring an additional 2,441,163 shares during the period. Jane Street Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $82,895,000. Sanctuary Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $71,067,000. Charles Schwab Investment Advisory Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after buying an additional 1,333,540 shares during the last quarter. Finally, Creative Planning boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after buying an additional 796,659 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB traded down $0.16 during midday trading on Tuesday, hitting $50.47. The stock had a trading volume of 2,604,622 shares, compared to its average volume of 3,910,172. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.17. The company has a fifty day moving average price of $50.85 and a 200 day moving average price of $50.41.

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.