Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.1% in the 3rd quarter, Holdings Channel reports. The firm owned 8,276 shares of the company’s stock after selling 731 shares during the quarter. Ellis Investment Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. Bogart Wealth LLC grew its stake in 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 worth $30,000 after buying an additional 559 shares during the last quarter. Verus Capital Partners LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $36,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth about $41,000. City State Bank acquired 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 position in Vanguard Tax-Exempt Bond ETF by 235.1% in 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 $0.05 on Friday, hitting $50.33. The stock had a trading volume of 5,241,405 shares, compared to its average volume of 3,945,132. The company’s 50-day moving average is $50.82 and its two-hundred day moving average is $50.41. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.17.

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.