Foster Victor Wealth Advisors LLC Trims Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Foster Victor Wealth Advisors LLC decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 295,382 shares of the company’s stock after selling 317 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 1.1% of Foster Victor Wealth Advisors LLC’s portfolio, making the stock its 25th biggest holding. Foster Victor Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,976,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Naples Money Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth about $34,000. Verus Capital Partners LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $36,000. Trust Co. of Vermont bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $37,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $41,000. Finally, City State Bank bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.79 on Wednesday. The stock has a 50 day moving average of $50.84 and a 200 day moving average of $50.39. 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.