Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Lessened by Riversedge Advisors LLC

Riversedge Advisors LLC trimmed its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 146,599 shares of the company’s stock after selling 1,573 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 1.7% of Riversedge Advisors LLC’s portfolio, making the stock its 17th biggest position. Riversedge Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Bogart Wealth LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after buying an additional 559 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $41,000. Rise Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after acquiring an additional 771 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after acquiring an additional 648 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $49.94 on Friday. The business’s fifty day moving average price is $50.38 and its 200 day moving average price is $50.56. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month 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.