1900 Wealth Management LLC Sells 9,039 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

1900 Wealth Management LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 174,759 shares of the company’s stock after selling 9,039 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 0.8% of 1900 Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. 1900 Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,843,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VTEB. Bogart Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares in the last quarter. Verus Capital Partners LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $36,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $41,000. City State Bank bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $50,000. Finally, Rise Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after purchasing an additional 771 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB traded up $0.46 on Friday, reaching $50.54. The stock had a trading volume of 12,092,760 shares, compared to its average volume of 4,056,553. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.44 and a 1-year high of $51.17. The stock has a fifty day moving average price of $50.73 and a 200-day moving average price of $50.44.

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.