Petra Financial Advisors Inc. Sells 10,908 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Petra Financial Advisors Inc. lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.4% in the first quarter, HoldingsChannel.com reports. The firm owned 26,249 shares of the company’s stock after selling 10,908 shares during the quarter. Petra Financial Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,310,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of VTEB. PFG Investments LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% during the 4th quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock worth $800,000 after buying an additional 198 shares in the last quarter. Quantum Financial Planning Services Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after buying an additional 199 shares during the period. Jordan Park Trust Co LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after buying an additional 200 shares during the period. Bridgewealth Advisory Group LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after acquiring an additional 200 shares during the last quarter. Finally, Intrua Financial LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 3.8% during the first quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock worth $272,000 after acquiring an additional 200 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2%

Shares of VTEB opened at $49.95 on Wednesday. The stock’s fifty day simple moving average is $50.26 and its 200-day simple moving average is $50.36. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18.

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.