SteelPeak Wealth LLC Lowers Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

SteelPeak Wealth LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.7% during the 4th quarter, HoldingsChannel reports. The firm owned 59,862 shares of the company’s stock after selling 449 shares during the period. SteelPeak Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,001,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VTEB. AQR Capital Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $516,000. Regal Investment Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 5.2% in the second quarter. Regal Investment Advisors LLC now owns 34,455 shares of the company’s stock worth $1,727,000 after buying an additional 1,705 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 39.8% during the second quarter. B. Riley Wealth Advisors Inc. now owns 23,138 shares of the company’s stock worth $1,159,000 after buying an additional 6,587 shares during the period. Truist Financial Corp boosted its position in Vanguard Tax-Exempt Bond ETF by 7.5% during the 2nd quarter. Truist Financial Corp now owns 554,566 shares of the company’s stock valued at $27,789,000 after acquiring an additional 38,549 shares in the last quarter. Finally, Souders Financial Advisors increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.3% in the 2nd quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock valued at $1,372,000 after acquiring an additional 2,095 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.18 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The stock has a fifty day moving average price of $50.32 and a 200-day moving average price of $50.55.

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.