Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Meridian Wealth Partners LLC

Meridian Wealth Partners LLC lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 55.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 41,165 shares of the company’s stock after selling 51,841 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 0.3% of Meridian Wealth Partners LLC’s portfolio, making the stock its 27th largest position. Meridian Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,070,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 653.8% in the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after purchasing an additional 425 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $25,000. United Financial Planning Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $37,000. Finally, Ransom Advisory Ltd purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.46 and a 1-year high of $51.18. The firm has a fifty day moving average price of $50.20 and a 200 day moving average price of $50.35.

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.