Benchmark Wealth Management LLC Sells 6,037 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Benchmark Wealth Management LLC lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,353 shares of the company’s stock after selling 6,037 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 2.0% of Benchmark Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Benchmark Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,479,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VTEB. Millennium Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 75.8% in the fourth quarter. Millennium Management LLC now owns 9,572 shares of the company’s stock valued at $480,000 after purchasing an additional 4,128 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $29,364,000. ST Germain D J Co. Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 21.1% in the 1st quarter. ST Germain D J Co. Inc. now owns 39,059 shares of the company’s stock valued at $1,938,000 after acquiring an additional 6,808 shares during the period. Horizons Wealth Management grew its position in shares of Vanguard Tax-Exempt Bond ETF by 33.5% in the 1st quarter. Horizons Wealth Management now owns 12,029 shares of the company’s stock valued at $597,000 after acquiring an additional 3,020 shares during the period. Finally, Apella Capital LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 12.6% in the 1st quarter. Apella Capital LLC now owns 337,840 shares of the company’s stock valued at $16,392,000 after acquiring an additional 37,789 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.99 on Thursday. The firm has a 50-day moving average of $49.28 and a 200-day moving average of $49.04. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.16.

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.