Petra Financial Advisors Inc. Decreases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Petra Financial Advisors Inc. lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,105 shares of the company’s stock after selling 507 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.0% of Petra Financial Advisors Inc.’s investment portfolio, making the stock its 28th largest holding. Petra Financial Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,539,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VTEB. Bogart Wealth LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares during the last quarter. Verus Capital Partners LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $36,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $41,000. City State Bank acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $50,000. Finally, Rise Advisors LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock remained flat at $50.34 during midday trading on Thursday. The company had a trading volume of 516,185 shares, compared to its average volume of 3,927,104. Vanguard Tax-Exempt Bond ETF has a one year low of $47.36 and a one year high of $51.17. The firm has a 50-day simple moving average of $50.79 and a two-hundred day simple moving average of $50.42.

Vanguard Tax-Exempt Bond ETF Company 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.