Riversedge Advisors LLC Sells 4,205 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Riversedge Advisors LLC lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,172 shares of the company’s stock after selling 4,205 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 1.7% of Riversedge Advisors LLC’s portfolio, making the stock its 17th largest holding. Riversedge Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,575,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Curbstone Financial Management Corp raised its stake in Vanguard Tax-Exempt Bond ETF by 2.0% in the first quarter. Curbstone Financial Management Corp now owns 10,450 shares of the company’s stock valued at $529,000 after purchasing an additional 200 shares in the last quarter. Steele Capital Management Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.9% in the 2nd quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock valued at $1,108,000 after buying an additional 200 shares in the last quarter. Kohmann Bosshard Financial Services LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.3% during the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock worth $757,000 after acquiring an additional 201 shares during the period. Transcendent Capital Group LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the 2nd quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock worth $492,000 after acquiring an additional 201 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc increased its stake in Vanguard Tax-Exempt Bond ETF by 0.8% in the second quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock valued at $1,350,000 after acquiring an additional 204 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

NYSEARCA VTEB traded down $0.11 on Thursday, hitting $50.72. 1,077,013 shares of the company’s stock were exchanged, compared to its average volume of 3,912,000. The stock has a 50-day moving average of $50.85 and a 200-day moving average of $50.40. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.17.

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.