Watchman Group Inc. Sells 7,305 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Watchman Group Inc. trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,154 shares of the company’s stock after selling 7,305 shares during the quarter. Watchman Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,992,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8,203.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,228,600 shares of the company’s stock valued at $111,720,000 after purchasing an additional 2,201,760 shares during the last quarter. Facet Wealth Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 314.4% in the 1st quarter. Facet Wealth Inc. now owns 2,295,943 shares of the company’s stock valued at $112,088,000 after purchasing an additional 1,741,949 shares during the last quarter. Topsail Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $64,714,000. Garde Capital Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at $47,163,000. Finally, Bank of America Corp DE boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.9% in the 4th quarter. Bank of America Corp DE now owns 9,912,634 shares of the company’s stock valued at $496,920,000 after purchasing an additional 808,213 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

NYSEARCA:VTEB opened at $48.88 on Friday. The firm’s fifty day moving average is $48.80 and its 200-day moving average is $49.20. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.17.

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.