RFG Advisory LLC Trims Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

RFG Advisory LLC decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 164,803 shares of the company’s stock after selling 37,692 shares during the period. RFG Advisory LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,425,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Steele Capital Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.9% in the second quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after purchasing an additional 200 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.3% in the second quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock valued at $757,000 after acquiring an additional 201 shares during the period. Transcendent Capital Group LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the second quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock valued at $492,000 after acquiring an additional 201 shares during the period. Glass Jacobson Investment Advisors llc boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.8% in the second quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock valued at $1,350,000 after acquiring an additional 204 shares during the period. Finally, Vicus Capital boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.3% in the first quarter. Vicus Capital now owns 60,058 shares of the company’s stock valued at $3,039,000 after acquiring an additional 206 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $50.75 on Friday. The firm has a 50 day moving average of $50.85 and a 200-day moving average of $50.40. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17.

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.