Transcend Capital Advisors LLC cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 4.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 52,009 shares of the company’s stock after selling 2,700 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,550,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valley National Advisers Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at approximately $25,000. Fairway Wealth LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth $27,000. Wolff Wiese Magana LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 56.8% in 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 during the last quarter. Rossby Financial LCC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth $41,000.
Vanguard Tax-Exempt Bond ETF Stock Performance
Shares of VTEB stock opened at $50.58 on Tuesday. The business has a fifty day moving average of $49.83 and a 200 day moving average of $49.16. 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.
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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:VTEB – Free Report).
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