Bridgewealth Advisory Group LLC Reduces Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Bridgewealth Advisory Group LLC trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,914 shares of the company’s stock after selling 401 shares during the quarter. Bridgewealth Advisory Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $246,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Capstone Financial Advisors Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 1.7% during the fourth quarter. Capstone Financial Advisors Inc. now owns 99,785 shares of the company’s stock worth $5,002,000 after acquiring an additional 1,686 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the 4th quarter. Northern Trust Corp now owns 16,099,227 shares of the company’s stock worth $807,054,000 after purchasing an additional 616,932 shares during the period. Beacon Pointe Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the 4th quarter. Beacon Pointe Advisors LLC now owns 525,711 shares of the company’s stock valued at $26,354,000 after purchasing an additional 7,947 shares during the last quarter. Betterment LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 73.9% during the 4th quarter. Betterment LLC now owns 69,080 shares of the company’s stock valued at $3,463,000 after buying an additional 29,366 shares during the period. Finally, Oak Wealth Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $1,415,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.00 on Wednesday. The company’s fifty day simple moving average is $49.43 and its 200-day simple moving average is $50.02. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 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.