Precedent Wealth Partners LLC Trims Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Precedent Wealth Partners LLC lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 5.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,348 shares of the company’s stock after selling 2,287 shares during the period. Precedent Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,880,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Valley National Advisers Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $25,000. Fairway Wealth LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at approximately $27,000. IMG Wealth Management Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at approximately $27,000. Wolff Wiese Magana LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 56.8% during the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after acquiring an additional 216 shares in the last quarter. Finally, Rossby Financial LCC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at approximately $35,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

Vanguard Tax-Exempt Bond ETF stock opened at $49.98 on Friday. The stock’s 50 day simple moving average is $49.34 and its two-hundred day simple moving average is $49.05. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.09.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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