Vanguard Tax-Exempt Bond ETF $VTEB Stake Cut by Compound Planning Inc.

Compound Planning Inc. lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 311,764 shares of the company’s stock after selling 55,359 shares during the quarter. Compound Planning Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,554,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VTEB. Chesley Taft & Associates LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 18.4% during the 4th quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock worth $7,584,000 after acquiring an additional 23,425 shares in the last quarter. Bear Mountain Capital Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 418.3% in the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after purchasing an additional 82,764 shares during the last quarter. Apella Capital LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 11.5% in the fourth quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after purchasing an additional 44,649 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 4.3% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock worth $281,599,000 after purchasing an additional 232,640 shares in the last quarter. Finally, Master S Wealth Management Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $4,104,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.51 on Friday. The company has a fifty day simple moving average of $50.24 and a 200-day simple moving average of $50.36. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month 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.