Sovereign Financial Group Inc. Sells 263 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sovereign Financial Group Inc. cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,919 shares of the company’s stock after selling 263 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $247,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Lpwm LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the 4th quarter. Lpwm LLC now owns 16,792 shares of the company’s stock worth $842,000 after buying an additional 245 shares during the last quarter. Graves Light Lenhart Wealth Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2.2% during the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 91,700 shares of the company’s stock worth $4,597,000 after acquiring an additional 2,008 shares during the period. GSG Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 0.8% in the fourth quarter. GSG Advisors LLC now owns 32,646 shares of the company’s stock worth $1,637,000 after purchasing an additional 261 shares during the last quarter. Grandview Asset Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $241,000. Finally, Marcum Wealth LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 6.4% in the 4th quarter. Marcum Wealth LLC now owns 61,553 shares of the company’s stock valued at $3,086,000 after purchasing an additional 3,686 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.5 %

NYSEARCA VTEB opened at $49.79 on Thursday. The business’s fifty day moving average is $50.40 and its 200-day moving average is $50.56. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year 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.