1,253,382 Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Wedmont Private Capital

Wedmont Private Capital decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 57.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 914,576 shares of the company’s stock after selling 1,253,382 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.0% of Wedmont Private Capital’s holdings, making the stock its 18th biggest position. Wedmont Private Capital’s holdings in Vanguard Tax-Exempt Bond ETF were worth $43,104,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Paragon Capital Management Ltd raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 23.1% during the third quarter. Paragon Capital Management Ltd now owns 63,743 shares of the company’s stock valued at $3,019,000 after purchasing an additional 11,981 shares during the last quarter. Insight Wealth Strategies LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Insight Wealth Strategies LLC now owns 86,913 shares of the company’s stock worth $4,116,000 after purchasing an additional 2,775 shares during the period. Graves Light Lenhart Wealth Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 22.2% during the third quarter. Graves Light Lenhart Wealth Inc. now owns 277,993 shares of the company’s stock valued at $13,166,000 after acquiring an additional 50,433 shares during the last quarter. Prosperity Planning Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.9% during the 3rd quarter. Prosperity Planning Inc. now owns 28,393 shares of the company’s stock valued at $1,345,000 after purchasing an additional 1,594 shares during the period. Finally, Inspirion Wealth Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $776,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB traded up $0.18 during trading on Friday, hitting $47.31. The company’s stock had a trading volume of 17,945,349 shares, compared to its average volume of 10,751,372. The company has a 50-day moving average of $48.73 and a 200-day moving average of $49.67. Vanguard Tax-Exempt Bond ETF has a 12 month low of $46.87 and a 12 month high of $51.18.

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.