Breakwater Capital Group Trims Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Breakwater Capital Group decreased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,042 shares of the company’s stock after selling 7,140 shares during the period. Breakwater Capital Group’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,937,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Oarsman Capital Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $28,000. Nemes Rush Group LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,238.3% in the 4th quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock valued at $32,000 after purchasing an additional 582 shares during the last quarter. Mascagni Wealth Management Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $34,000. Advantage Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $42,000. Finally, Cromwell Holdings LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $48,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

NYSEARCA VTEB opened at $48.69 on Thursday. The firm’s 50-day moving average is $48.84 and its two-hundred day moving average is $49.74. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.17.

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.