Smithbridge Asset Management Inc. DE Sells 38,403 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Smithbridge Asset Management Inc. DE cut its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 70.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,095 shares of the company’s stock after selling 38,403 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $762,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares during the last quarter. Sei Investments Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after acquiring an additional 659,339 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the first quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after purchasing an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 7.4% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after purchasing an additional 473,743 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after purchasing an additional 450,334 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Vanguard Tax-Exempt Bond ETF stock opened at $48.01 on Tuesday. The business’s 50-day simple moving average is $48.46 and its 200-day simple moving average is $49.57. Vanguard Tax-Exempt Bond ETF has a 52 week low of $46.87 and a 52 week high of $51.18.

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.