TBH Global Asset Management LLC Has $4.47 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

TBH Global Asset Management LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,257 shares of the company’s stock after selling 19,933 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.9% of TBH Global Asset Management LLC’s holdings, making the stock its 27th largest position. TBH Global Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,469,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VTEB. Single Point Partners LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the third quarter. Single Point Partners LLC now owns 311,457 shares of the company’s stock worth $15,595,000 after acquiring an additional 6,443 shares in the last quarter. Ascent Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.0% during the 3rd quarter. Ascent Group LLC now owns 124,782 shares of the company’s stock valued at $6,248,000 after purchasing an additional 5,889 shares in the last quarter. Clark Asset Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the 3rd quarter. Clark Asset Management LLC now owns 297,875 shares of the company’s stock valued at $14,915,000 after purchasing an additional 4,544 shares during the period. LVW Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 7.0% in the 3rd quarter. LVW Advisors LLC now owns 22,403 shares of the company’s stock valued at $1,122,000 after purchasing an additional 1,474 shares during the period. Finally, Continuum Advisory LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 6.7% during the 3rd quarter. Continuum Advisory LLC now owns 25,978 shares of the company’s stock worth $1,301,000 after purchasing an additional 1,641 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of VTEB opened at $50.28 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $50.68. The firm’s 50 day moving average price is $50.35 and its two-hundred day moving average price is $49.66.

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.