Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 89.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 94,891 shares of the company’s stock after selling 798,776 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 0.8% of Hanson & Doremus Investment Management’s portfolio, making the stock its 23rd largest holding. Hanson & Doremus Investment Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,755,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Naples Money Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth about $34,000. Verus Capital Partners LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $36,000. Trust Co. of Vermont purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $37,000. Vermillion & White Wealth Management Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at approximately $47,000. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.99 on Friday. The firm has a fifty day moving average price of $50.64 and a 200 day moving average price of $50.35. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year 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.