Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. reduced its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,158 shares of the company’s stock after selling 354 shares during the quarter. Brand Asset Management Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in VTEB. Relyea Zuckerberg Hanson LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 23.8% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 34,746 shares of the company’s stock worth $1,742,000 after acquiring an additional 6,684 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 9.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 117,689 shares of the company’s stock worth $5,900,000 after buying an additional 10,403 shares during the period. FF Advisors LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 5.6% in the 4th quarter. FF Advisors LLC now owns 28,077 shares of the company’s stock worth $1,418,000 after buying an additional 1,480 shares during the period. RDA Financial Network raised its position in Vanguard Tax-Exempt Bond ETF by 2.2% during the 4th quarter. RDA Financial Network now owns 16,328 shares of the company’s stock worth $819,000 after buying an additional 346 shares during the last quarter. Finally, First Pacific Financial lifted its stake in Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. First Pacific Financial now owns 41,574 shares of the company’s stock valued at $2,084,000 after acquiring an additional 4,467 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

NYSEARCA:VTEB opened at $49.94 on Friday. The company’s fifty day moving average price is $50.38 and its 200-day moving average price is $50.55. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17.

Vanguard Tax-Exempt Bond ETF Profile

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.