Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Seaside Wealth Management Inc.

Seaside Wealth Management Inc. lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,553 shares of the company’s stock after selling 1,473 shares during the period. Seaside Wealth Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $379,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VTEB. Merkkuri Wealth Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after purchasing an additional 202 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.8% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock valued at $1,350,000 after buying an additional 204 shares in the last quarter. Cypress Wealth Services LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after purchasing an additional 223 shares during the last quarter. Magnus Financial Group LLC raised its position in Vanguard Tax-Exempt Bond ETF by 2.0% in the 3rd quarter. Magnus Financial Group LLC now owns 11,979 shares of the company’s stock valued at $612,000 after purchasing an additional 234 shares during the last quarter. Finally, Beta Wealth Group Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.6% during the third quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after buying an additional 234 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $49.83 on Friday. The stock’s 50-day moving average price is $50.39 and its 200 day moving average price is $50.55. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17.

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.