92,879 Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC trimmed its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,858,720 shares of the company’s stock after selling 92,879 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 0.9% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Prime Capital Investment Advisors LLC owned about 0.18% of Vanguard Tax-Exempt Bond ETF worth $88,029,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthfront Advisers LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 3.1% in the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after purchasing an additional 760,249 shares during the period. Sei Investments Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after buying an additional 659,339 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock worth $631,127,000 after buying an additional 594,110 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.4% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after buying an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock worth $296,036,000 after buying an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock traded up $0.01 during midday trading on Tuesday, hitting $48.02. 8,068,923 shares of the company were exchanged, compared to its average volume of 11,435,855. Vanguard Tax-Exempt Bond ETF has a 52 week low of $46.87 and a 52 week high of $51.18. The firm’s 50 day moving average price is $48.46 and its two-hundred day moving average price is $49.57.

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.