Envestnet Portfolio Solutions Inc. reduced its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 31.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 213,750 shares of the company’s stock after selling 96,717 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,715,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $29,000. Advantage Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $42,000. Cromwell Holdings LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $48,000. Peterson Wealth Services bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $80,000. Finally, New Republic Capital LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $83,000.
Vanguard Tax-Exempt Bond ETF Stock Performance
Shares of VTEB opened at $49.76 on Monday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The stock has a fifty day moving average price of $50.11 and a 200 day moving average price of $50.45.
Vanguard Tax-Exempt Bond ETF Increases Dividend
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.
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