Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Holdings Trimmed by ProVise Management Group LLC

ProVise Management Group LLC trimmed its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 39.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,080 shares of the company’s stock after selling 10,339 shares during the period. ProVise Management Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $821,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. increased its position in Vanguard Tax-Exempt Bond ETF by 19.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after acquiring an additional 11,344,416 shares in the last quarter. TIAA Trust National Association increased its stake in Vanguard Tax-Exempt Bond ETF by 42.2% during the 4th quarter. TIAA Trust National Association now owns 10,933,323 shares of the company’s stock worth $558,146,000 after acquiring an additional 3,246,104 shares during the period. Creative Planning boosted its stake in Vanguard Tax-Exempt Bond ETF by 8.8% in the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after buying an additional 1,742,080 shares in the last quarter. Sei Investments Co. increased its holdings in Vanguard Tax-Exempt Bond ETF by 20.7% in the 3rd quarter. Sei Investments Co. now owns 9,226,218 shares of the company’s stock worth $443,782,000 after purchasing an additional 1,584,755 shares in the last quarter. Finally, FMR LLC increased its position in Vanguard Tax-Exempt Bond ETF by 10.7% during the 3rd quarter. FMR LLC now owns 15,508,116 shares of the company’s stock valued at $745,940,000 after purchasing an additional 1,498,184 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB traded down $0.05 during trading on Friday, hitting $49.74. 2,741,635 shares of the company’s stock were exchanged, compared to its average volume of 4,184,826. The business’s 50 day moving average is $50.14 and its two-hundred day moving average is $50.31. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15.

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.