Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Founders Financial Securities LLC

Founders Financial Securities LLC lowered its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,858 shares of the company’s stock after selling 2,667 shares during the quarter. Founders Financial Securities LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $651,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Curbstone Financial Management Corp increased its holdings in Vanguard Tax-Exempt Bond ETF by 2.0% in the 1st quarter. Curbstone Financial Management Corp now owns 10,450 shares of the company’s stock worth $529,000 after acquiring an additional 200 shares in the last quarter. Perennial Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the 1st quarter. Perennial Advisors LLC now owns 30,568 shares of the company’s stock valued at $1,547,000 after buying an additional 204 shares in the last quarter. TriaGen Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 1.0% in the 4th quarter. TriaGen Wealth Management LLC now owns 21,112 shares of the company’s stock valued at $1,078,000 after buying an additional 206 shares in the last quarter. Vicus Capital increased its stake in Vanguard Tax-Exempt Bond ETF by 0.3% during the 1st quarter. Vicus Capital now owns 60,058 shares of the company’s stock worth $3,039,000 after buying an additional 206 shares in the last quarter. Finally, RMR Wealth Builders raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.7% during the first quarter. RMR Wealth Builders now owns 9,013 shares of the company’s stock valued at $456,000 after acquiring an additional 235 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3 %

Shares of VTEB traded down $0.16 during trading hours on Friday, hitting $50.11. 3,389,839 shares of the stock were exchanged, compared to its average volume of 4,150,291. The stock’s 50-day moving average price is $50.04 and its two-hundred day moving average price is $50.42. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15.

Vanguard Tax-Exempt Bond ETF Company 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.