Prime Capital Investment Advisors LLC Sells 24,422 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Prime Capital Investment Advisors LLC cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,911,373 shares of the company’s stock after selling 24,422 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 1.2% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 20th largest position. Prime Capital Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $96,123,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Compass Advisory Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.7% during the fourth quarter. Compass Advisory Group LLC now owns 80,732 shares of the company’s stock worth $4,060,000 after acquiring an additional 2,864 shares in the last quarter. Atmos Advisory LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.5% during the fourth quarter. Atmos Advisory LLC now owns 404,088 shares of the company’s stock worth $20,322,000 after acquiring an additional 20,919 shares in the last quarter. Financial Architects LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.0% during the fourth quarter. Financial Architects LLC now owns 31,680 shares of the company’s stock worth $1,593,000 after acquiring an additional 315 shares in the last quarter. BIP Wealth LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 12.3% during the fourth quarter. BIP Wealth LLC now owns 636,346 shares of the company’s stock worth $32,002,000 after acquiring an additional 69,800 shares in the last quarter. Finally, Penney Financial LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 26.4% during the fourth quarter. Penney Financial LLC now owns 73,132 shares of the company’s stock worth $3,678,000 after acquiring an additional 15,295 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.13 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.18. The company’s fifty day simple moving average is $50.43 and its 200 day simple moving average is $50.37.

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.