Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 761,194 shares of the company’s stock after selling 23,643 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $38,280,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $25,000. Fairway Wealth LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $28,000. United Financial Planning Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $37,000. Finally, Bogart Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 41.9% during the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after acquiring an additional 279 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.14 on Wednesday. The company has a fifty day moving average of $50.31 and a two-hundred day moving average of $50.41. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.46 and a fifty-two week 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.