Revolve Wealth Partners LLC Reduces Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Revolve Wealth Partners LLC trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,231 shares of the company’s stock after selling 943 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $964,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James & Associates lifted its position in Vanguard Tax-Exempt Bond ETF by 1.5% during the second quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after buying an additional 255,949 shares in the last quarter. Calton & Associates Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the 2nd quarter. Calton & Associates Inc. now owns 5,897 shares of the company’s stock valued at $295,000 after acquiring an additional 337 shares during the last quarter. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 39.6% in the second quarter. McGlone Suttner Wealth Management Inc. now owns 46,211 shares of the company’s stock valued at $2,359,000 after purchasing an additional 13,098 shares during the period. Brewster Financial Planning LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $472,000. Finally, Foster Victor Wealth Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2.4% during the second quarter. Foster Victor Wealth Advisors LLC now owns 295,699 shares of the company’s stock worth $14,942,000 after purchasing an additional 6,888 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.04 during mid-day trading on Friday, hitting $50.68. The stock had a trading volume of 2,425,813 shares, compared to its average volume of 4,094,643. The firm has a 50-day moving average of $50.41 and a two-hundred day moving average of $50.33. 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 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.