Vanguard Tax-Exempt Bond ETF $VTEB Stock Position Reduced by Firestone Capital Management

Firestone Capital Management decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 187,401 shares of the company’s stock after selling 2,466 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 2.2% of Firestone Capital Management’s holdings, making the stock its 13th biggest position. Firestone Capital Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,188,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Segall Bryant & Hamill LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $550,000. Csenge Advisory Group grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 55.9% in the 1st quarter. Csenge Advisory Group now owns 32,688 shares of the company’s stock valued at $1,590,000 after buying an additional 11,722 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 2.9% in the first quarter. Kestra Private Wealth Services LLC now owns 146,268 shares of the company’s stock worth $7,258,000 after buying an additional 4,121 shares during the last quarter. Conservest Capital Advisors Inc. bought a new position in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $511,000. Finally, Stordahl Capital Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 44.3% in the first quarter. Stordahl Capital Management Inc. now owns 6,379 shares of the company’s stock valued at $317,000 after acquiring an additional 1,958 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.27 on Friday. The firm has a 50 day moving average of $50.24 and a two-hundred day moving average of $49.34. 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 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.