Avidian Wealth Enterprises LLC Sells 398,877 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Avidian Wealth Enterprises LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 49.0% in the third quarter, Holdings Channel.com reports. The firm owned 415,790 shares of the company’s stock after selling 398,877 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $19,692,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of VTEB. Arlington Trust Co LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth $38,000. Global Trust Asset Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 117.6% in the first quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock valued at $46,000 after purchasing an additional 500 shares during the period. Legacy Wealth Managment LLC ID acquired a new position in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $49,000. Trust Co. of Vermont purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $50,000. Finally, Asset Dedication LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $51,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

VTEB traded down $0.01 during trading on Thursday, reaching $47.05. 19,906,904 shares of the stock were exchanged, compared to its average volume of 10,580,203. The business’s 50 day moving average price is $48.78 and its two-hundred day moving average price is $49.69. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18.

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.