Vanguard Tax-Exempt Bond ETF $VTEB Stock Sold by Level Wealth Management LLC

Level Wealth Management LLC cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 242,258 shares of the company’s stock after selling 64,578 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 4.4% of Level Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Level Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,473,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VTEB. Boston Standard Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $30,567,000. HB Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 40.4% in the 2nd quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock valued at $2,459,000 after purchasing an additional 13,980 shares during the period. Wedmont Private Capital boosted its holdings in Vanguard Tax-Exempt Bond ETF by 36.5% during the second quarter. Wedmont Private Capital now owns 2,167,958 shares of the company’s stock worth $109,135,000 after buying an additional 580,171 shares in the last quarter. Lutz Financial Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 5.6% during the first quarter. Lutz Financial Services LLC now owns 1,569,663 shares of the company’s stock worth $78,311,000 after buying an additional 82,868 shares in the last quarter. Finally, Vested Financial Planning LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 25.2% during the second quarter. Vested Financial Planning LLC now owns 168,500 shares of the company’s stock worth $8,523,000 after buying an additional 33,876 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.51 on Monday. The firm has a 50-day simple moving average of $48.33 and a two-hundred day simple moving average of $49.52. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18.

About Vanguard Tax-Exempt Bond ETF

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.