Kelman Lazarov Inc. Trims Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Kelman Lazarov Inc. reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 15.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,555 shares of the company’s stock after selling 15,104 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.7% of Kelman Lazarov Inc.’s portfolio, making the stock its 24th largest holding. Kelman Lazarov Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,146,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $25,000. Fairway Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $27,000. IMG Wealth Management Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $27,000. Wolff Wiese Magana LLC increased its holdings 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 valued at $29,000 after buying an additional 216 shares during the last quarter. Finally, Rossby Financial LCC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth $35,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.50 on Friday. The firm has a fifty day moving average price of $49.64 and a 200-day moving average price of $49.09. 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

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report).

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Receive News & Ratings for Vanguard Tax-Exempt Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Tax-Exempt Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.