May Hill Capital LLC Has $2.78 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

May Hill Capital LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.9% in the second quarter, HoldingsChannel.com reports. The fund owned 56,685 shares of the company’s stock after selling 7,664 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.9% of May Hill Capital LLC’s portfolio, making the stock its 23rd biggest holding. May Hill Capital LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,779,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its stake 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 valued at $29,000 after acquiring an additional 216 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.3% in the second quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock valued at $3,135,000 after purchasing an additional 221 shares during the period. Physician Wealth Advisors Inc. raised its position in shares of 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 purchasing an additional 225 shares during the period. SlateStone Wealth LLC raised its position in shares of 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 valued at $656,000 after purchasing an additional 225 shares during the period. Finally, Valley Financial Group Inc. raised its position in shares of 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 valued at $221,000 after purchasing an additional 233 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.58 on Tuesday. The company’s 50-day moving average is $49.83 and its 200-day moving average is $49.16. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two 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.