Focus Partners Advisor Solutions LLC Sells 84,858 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Focus Partners Advisor Solutions LLC lessened its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.4% during the fourth quarter, Holdings Channel reports. The fund owned 39,171 shares of the company’s stock after selling 84,858 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,970,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rothschild Investment LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 653.8% in the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after acquiring an additional 425 shares during the last quarter. JPL Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $25,000. United Financial Planning Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $37,000. Finally, Ransom Advisory Ltd bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.26 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The business’s fifty day simple moving average is $50.19 and its 200 day simple moving average is $50.35.

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.