Vanguard Tax-Exempt Bond ETF $VTEB Stake Reduced by Litman Gregory Wealth Management LLC

Litman Gregory Wealth Management LLC trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 37.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 4,398 shares of the company’s stock after selling 2,686 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $216,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VTEB. Millennium Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 75.8% in the 4th quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock valued at $480,000 after purchasing an additional 4,128 shares during the last quarter. First Affirmative Financial Network grew its position in Vanguard Tax-Exempt Bond ETF by 4.5% in the 1st quarter. First Affirmative Financial Network now owns 5,680 shares of the company’s stock worth $282,000 after purchasing an additional 245 shares during the last quarter. Wedmont Private Capital increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.3% in the first quarter. Wedmont Private Capital now owns 1,365,745 shares of the company’s stock valued at $65,733,000 after purchasing an additional 150,087 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 132.5% during the first quarter. Revolve Wealth Partners LLC now owns 31,669 shares of the company’s stock valued at $1,571,000 after buying an additional 18,048 shares during the last quarter. Finally, Miracle Mile Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 177.5% during the first quarter. Miracle Mile Advisors LLC now owns 158,813 shares of the company’s stock valued at $7,880,000 after buying an additional 101,584 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $49.98 on Monday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09. The business has a 50 day simple moving average of $49.34 and a 200 day simple moving average of $49.04.

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.