Agate Pass Investment Management LLC Reduces Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Agate Pass Investment Management LLC trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 11,477 shares of the company’s stock after selling 1,421 shares during the quarter. Agate Pass Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $575,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $29,000. Bogart Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $41,000. Rise Advisors LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after purchasing an additional 771 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 131.4% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after purchasing an additional 648 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB traded down $0.12 on Monday, reaching $49.59. The company’s stock had a trading volume of 3,709,142 shares, compared to its average volume of 4,639,808. The stock’s 50 day simple moving average is $50.43 and its two-hundred day simple moving average is $50.57. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.54 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.