1834 Investment Advisors Co. Sells 2,144 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

1834 Investment Advisors Co. trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,448 shares of the company’s stock after selling 2,144 shares during the period. 1834 Investment Advisors Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,035,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Creative Planning increased its holdings in Vanguard Tax-Exempt Bond ETF by 15.2% during the 4th quarter. Creative Planning now owns 24,754,352 shares of the company’s stock worth $1,263,710,000 after purchasing an additional 3,258,212 shares during the period. TIAA Trust National Association boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 42.2% in the 4th quarter. TIAA Trust National Association now owns 10,933,323 shares of the company’s stock worth $558,146,000 after purchasing an additional 3,246,104 shares in the last quarter. Sei Investments Co. lifted its position in Vanguard Tax-Exempt Bond ETF by 19.7% during the 4th quarter. Sei Investments Co. now owns 11,046,583 shares of the company’s stock worth $563,929,000 after acquiring an additional 1,820,365 shares during the period. Simplicity Wealth LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $72,568,000. Finally, Cerity Partners LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 82.8% during the 4th quarter. Cerity Partners LLC now owns 2,882,536 shares of the company’s stock worth $147,154,000 after acquiring an additional 1,305,680 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock traded up $0.09 on Friday, hitting $50.25. The company had a trading volume of 3,231,209 shares, compared to its average volume of 4,139,354. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The company has a 50-day moving average price of $50.06 and a 200-day moving average price of $50.40.

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.