UNIVEST FINANCIAL Corp Sells 16,238 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

UNIVEST FINANCIAL Corp reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,839 shares of the company’s stock after selling 16,238 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,434,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VTEB. Chesley Taft & Associates LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 18.4% in the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after buying an additional 23,425 shares during the period. Bear Mountain Capital Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 418.3% in the 4th quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after acquiring an additional 82,764 shares in the last quarter. Apella Capital LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 11.5% during the fourth quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock worth $21,839,000 after acquiring an additional 44,649 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.3% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 5,599,510 shares of the company’s stock worth $281,599,000 after acquiring an additional 232,640 shares in the last quarter. Finally, Master S Wealth Management Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $4,104,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

VTEB traded up $0.05 during midday trading on Friday, hitting $50.34. The company had a trading volume of 4,921,566 shares, compared to its average volume of 7,601,897. The stock’s 50 day moving average price is $50.27 and its 200 day moving average price is $50.37. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

About Vanguard Tax-Exempt Bond ETF

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.