Canopy Partners LLC Reduces Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Canopy Partners LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 38.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,835 shares of the company’s stock after selling 19,825 shares during the period. Canopy Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. HB Wealth Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 51.8% in the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after purchasing an additional 7,552 shares during the period. Sowell Financial Services LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $211,000. Millennium Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 75.8% in the 4th quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock worth $480,000 after purchasing an additional 4,128 shares during the period. Kingswood Wealth Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth $222,000. Finally, Vanguard Group Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 7.7% in the 1st quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock worth $187,078,000 after purchasing an additional 270,058 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.07 on Wednesday. The business’s 50-day simple moving average is $49.40 and its two-hundred day simple moving average is $49.04. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09.

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.