Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Umpqua Bank

Umpqua Bank trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,430 shares of the company’s stock after selling 4,815 shares during the quarter. Umpqua Bank’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,024,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VTEB. Vantage Financial Partners LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $411,000. New York Life Investment Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $269,000. Northwest Financial Advisors purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $47,000. BNP Paribas Financial Markets acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $12,272,000. Finally, One Degree Advisors Inc purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $2,353,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.89 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The firm’s 50 day moving average price is $50.56 and its two-hundred day moving average price is $50.34.

About Vanguard Tax-Exempt Bond ETF

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.