Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC cut its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.7% in the 1st quarter, Holdings Channel reports. The firm owned 110,981 shares of the company’s stock after selling 6,708 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,507,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $1,041,552,000. Brooklyn FI LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% in the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after acquiring an additional 16,313,682 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after acquiring an additional 4,022,038 shares in the last quarter. TIAA Trust National Association lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 17.5% in the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after acquiring an additional 2,308,219 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 8,203.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,228,600 shares of the company’s stock valued at $111,720,000 after acquiring an additional 2,201,760 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $48.75 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.17. The firm has a 50 day simple moving average of $48.79 and a 200 day simple moving average of $49.69.

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.