Moneywise Inc. Sells 17,825 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Moneywise Inc. reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 73,431 shares of the company’s stock after selling 17,825 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 1.5% of Moneywise Inc.’s holdings, making the stock its 19th biggest holding. Moneywise Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,693,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VTEB. First Citizens Bank & Trust Co. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1,681.1% in the third quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock worth $29,747,000 after buying an additional 560,755 shares in the last quarter. New York Life Investment Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 15.1% during the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock valued at $42,865,000 after buying an additional 112,023 shares during the period. Chesley Taft & Associates LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 18.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after buying an additional 23,425 shares during the period. Compound Planning Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock valued at $16,683,000 after buying an additional 46,505 shares during the period. Finally, Betterment LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.10 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18. The stock has a fifty day moving average of $50.21 and a 200 day moving average of $50.39.

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.