Vanguard Tax-Exempt Bond ETF $VTEB Stock Sold by RCS Financial Planning LLC

RCS Financial Planning LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,685 shares of the company’s stock after selling 40,294 shares during the period. Vanguard Tax-Exempt Bond ETF makes up approximately 1.4% of RCS Financial Planning LLC’s investment portfolio, making the stock its 19th biggest holding. RCS Financial Planning LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,590,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Wealthfront Advisers LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock valued at $1,242,947,000 after buying an additional 760,249 shares during the last quarter. 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 acquiring 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 acquiring an additional 594,110 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in 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 valued at $296,036,000 after acquiring an additional 450,334 shares during the period. Finally, Corient Private Wealth LP grew its position in Vanguard Tax-Exempt Bond ETF by 1.2% in the 2nd quarter. Corient Private Wealth LP now owns 4,537,521 shares of the company’s stock valued at $229,508,000 after acquiring an additional 54,932 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock traded down $0.04 during mid-day trading on Wednesday, hitting $47.61. The company’s stock had a trading volume of 27,705,600 shares, compared to its average volume of 11,232,684. The company has a 50 day moving average of $48.61 and a 200-day moving average of $49.62. Vanguard Tax-Exempt Bond ETF has a one year low of $46.87 and a one year high of $51.18.

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.