Cornerstone Planning Group LLC Trims Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Cornerstone Planning Group LLC cut its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 87.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,984 shares of the company’s stock after selling 13,826 shares during the quarter. Cornerstone Planning Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $100,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VTEB. Allen Capital Group LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 178.5% in the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after purchasing an additional 16,255 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,681.1% in the third quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock valued at $29,747,000 after purchasing an additional 560,755 shares in the last quarter. New York Life Investment Management LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 15.1% in the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock valued at $42,865,000 after purchasing an additional 112,023 shares in the last quarter. Compound Planning Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 16.2% in the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock valued at $16,683,000 after purchasing an additional 46,505 shares in the last quarter. Finally, Chesley Taft & Associates LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.4% in the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after purchasing an additional 23,425 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.17 on Friday. The business has a fifty day moving average of $50.33 and a 200 day moving average of $50.41. Vanguard Tax-Exempt Bond ETF has a 52-week low of $48.46 and a 52-week high of $51.18.

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.