Galvin Gaustad & Stein LLC Sells 11,522 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Galvin Gaustad & Stein LLC trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.4% during the second quarter, HoldingsChannel.com reports. The firm owned 51,195 shares of the company’s stock after selling 11,522 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,510,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wolff Wiese Magana LLC grew its position in Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after buying an additional 216 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 3.0% during the first quarter. Physician Wealth Advisors Inc. now owns 7,701 shares of the company’s stock worth $382,000 after buying an additional 225 shares in the last quarter. SlateStone Wealth LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 1.7% during the first quarter. SlateStone Wealth LLC now owns 13,214 shares of the company’s stock worth $656,000 after purchasing an additional 225 shares during the last quarter. Valley Financial Group Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 5.5% during the first quarter. Valley Financial Group Inc. now owns 4,449 shares of the company’s stock worth $221,000 after purchasing an additional 233 shares during the last quarter. Finally, Naples Global Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the 2nd quarter. Naples Global Advisors LLC now owns 38,808 shares of the company’s stock valued at $1,903,000 after acquiring an additional 250 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.10 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.09. The stock has a fifty day moving average of $49.46 and a 200-day moving average of $49.05.

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.