Values Added Financial LLC Reduces Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Values Added Financial LLC lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 40.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,703 shares of the company’s stock after selling 43,734 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 1.5% of Values Added Financial LLC’s portfolio, making the stock its 19th largest position. Values Added Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VTEB. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock worth $1,711,760,000 after acquiring an additional 857,098 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the 1st quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock worth $1,076,258,000 after acquiring an additional 912,969 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.1% during the 1st quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock worth $295,588,000 after acquiring an additional 545,244 shares during the last quarter. Aspiriant LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.3% during the 1st quarter. Aspiriant LLC now owns 5,235,595 shares of the company’s stock worth $259,790,000 after acquiring an additional 65,231 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.0% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,046,259 shares of the company’s stock worth $247,418,000 after acquiring an additional 415,704 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.10 on Thursday. The company’s fifty day simple moving average is $49.43 and its 200-day simple moving average is $49.05. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.09.

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.