Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 185,168 shares of the company’s stock after selling 5,851 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.3% of RTD Financial Advisors Inc.’s portfolio, making the stock its 24th biggest position. RTD Financial Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,369,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Management Resources Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $810,000. Cornerstone Wealth Management LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 5.8% in the first quarter. Cornerstone Wealth Management LLC now owns 59,019 shares of the company’s stock valued at $2,986,000 after buying an additional 3,239 shares during the last quarter. Norden Group LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 71.8% in the first quarter. Norden Group LLC now owns 51,356 shares of the company’s stock valued at $2,599,000 after buying an additional 21,469 shares during the last quarter. Red Tortoise LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.7% in the first quarter. Red Tortoise LLC now owns 10,984 shares of the company’s stock valued at $556,000 after buying an additional 391 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 7.1% in the first quarter. Valley National Advisers Inc. now owns 36,913 shares of the company’s stock valued at $1,867,000 after buying an additional 2,431 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB traded up $0.09 on Thursday, reaching $50.16. The stock had a trading volume of 2,498,238 shares, compared to its average volume of 4,146,508. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15. The business’s 50-day moving average price is $50.05 and its 200 day moving average price is $50.40.

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.