Oak Hill Wealth Advisors LLC Reduces Position in Vanguard Tax-Exempt Bond ETF $VTEB

Oak Hill Wealth Advisors LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 31,790 shares of the company’s stock after selling 304 shares during the quarter. Oak Hill Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,555,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,497,385 shares of the company’s stock valued at $1,711,760,000 after purchasing an additional 857,098 shares during the period. Raymond James Financial Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.4% in the first quarter. Raymond James Financial Inc. now owns 21,689,998 shares of the company’s stock valued at $1,076,258,000 after purchasing an additional 912,969 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 10.1% in the first quarter. LPL Financial LLC now owns 5,957,028 shares of the company’s stock valued at $295,588,000 after purchasing an additional 545,244 shares during the period. Aspiriant LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.3% in the first quarter. Aspiriant LLC now owns 5,235,595 shares of the company’s stock valued at $259,790,000 after purchasing an additional 65,231 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.0% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,046,259 shares of the company’s stock valued at $247,418,000 after purchasing an additional 415,704 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

Shares of VTEB stock opened at $49.98 on Friday. The company has a 50-day moving average of $49.34 and a two-hundred day moving average of $49.05. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.09.

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.