Legacy Financial Advisors Inc. Sells 7,065 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Legacy Financial Advisors Inc. trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,831 shares of the company’s stock after selling 7,065 shares during the quarter. Legacy Financial Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,445,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 29.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after acquiring an additional 108,101 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 42.5% in the fourth quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock worth $175,463,000 after acquiring an additional 1,044,587 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 12.0% in the fourth quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after acquiring an additional 1,116 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $103,000. Finally, Eclectic Associates Inc. ADV raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after purchasing an additional 972 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $48.52 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17. The business has a fifty day moving average price of $49.87 and a 200-day moving average price of $50.24.

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.