SpringVest Wealth Management LLC Sells 247 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

SpringVest Wealth Management LLC lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,553 shares of the company’s stock after selling 247 shares during the period. SpringVest Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $517,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $592,000. Accurate Wealth Management LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 49.5% during the first quarter. Accurate Wealth Management LLC now owns 13,351 shares of the company’s stock valued at $644,000 after acquiring an additional 4,423 shares in the last quarter. CX Institutional grew its stake in Vanguard Tax-Exempt Bond ETF by 24.5% during the first quarter. CX Institutional now owns 577,148 shares of the company’s stock valued at $28,638,000 after acquiring an additional 113,472 shares in the last quarter. My Legacy Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 14.3% during the first quarter. My Legacy Advisors LLC now owns 72,917 shares of the company’s stock valued at $3,618,000 after acquiring an additional 9,126 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1.9% during the first quarter. Laurel Wealth Advisors LLC now owns 39,673 shares of the company’s stock valued at $1,969,000 after acquiring an additional 757 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of NYSEARCA:VTEB opened at $50.10 on Thursday. The company has a 50 day moving average of $49.43 and a 200 day moving average of $49.05. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.09.

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.