Grove Bank & Trust Has $13.75 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

Grove Bank & Trust cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 274,556 shares of the company’s stock after selling 13,040 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.6% of Grove Bank & Trust’s portfolio, making the stock its 13th largest position. Grove Bank & Trust’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VTEB. Wolff Wiese Magana LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 56.8% during the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after acquiring an additional 216 shares in the last quarter. Avalon Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $49,000. Clear Investment Research LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $50,000. Longview Financial Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $51,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $55,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of NYSEARCA:VTEB opened at $50.23 on Tuesday. The stock’s 50 day moving average is $50.37 and its 200-day moving average is $49.55. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $50.68.

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.