Vanguard Tax-Exempt Bond ETF $VTEB Stock Holdings Reduced by Exchange Capital Management Inc.

Exchange Capital Management Inc. reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,669 shares of the company’s stock after selling 4,292 shares during the period. Exchange Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $670,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wolff Wiese Magana LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 56.8% in the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after buying an additional 216 shares during the last quarter. Physician Wealth Advisors Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.0% in the first quarter. Physician Wealth Advisors Inc. now owns 7,701 shares of the company’s stock valued at $382,000 after acquiring an additional 225 shares during the last quarter. SlateStone Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1.7% in the first quarter. SlateStone Wealth LLC now owns 13,214 shares of the company’s stock worth $656,000 after acquiring an additional 225 shares in the last quarter. Valley Financial Group Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 5.5% in the first quarter. Valley Financial Group Inc. now owns 4,449 shares of the company’s stock worth $221,000 after acquiring an additional 233 shares in the last quarter. Finally, First Affirmative Financial Network increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.5% during the 1st quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock worth $282,000 after purchasing an additional 245 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.98 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.09. The firm’s fifty day simple moving average is $49.34 and its 200-day simple moving average is $49.05.

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.