Vanguard Tax-Exempt Bond ETF $VTEB Stock: Prime Capital Investment Advisors LLC Trims Stake

Prime Capital Investment Advisors LLC trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,858,720 shares of the company’s stock after selling 92,879 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 0.9% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 28th biggest holding. Prime Capital Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $88,029,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Boston Standard Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $30,567,000. HB Wealth Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 40.4% during the second quarter. HB Wealth Management LLC now owns 48,611 shares of the company’s stock worth $2,459,000 after acquiring an additional 13,980 shares during the period. Fiduciary Alliance LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the first quarter worth about $1,487,000. Lutz Financial Services LLC increased its position in Vanguard Tax-Exempt Bond ETF by 5.6% during the first quarter. Lutz Financial Services LLC now owns 1,569,663 shares of the company’s stock worth $78,311,000 after acquiring an additional 82,868 shares during the period. Finally, Vested Financial Planning LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 25.2% in the 2nd quarter. Vested Financial Planning LLC now owns 168,500 shares of the company’s stock worth $8,523,000 after purchasing an additional 33,876 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.01 during midday trading on Tuesday, hitting $48.02. The company’s stock had a trading volume of 8,068,923 shares, compared to its average volume of 11,435,855. Vanguard Tax-Exempt Bond ETF has a 1-year low of $46.87 and a 1-year high of $51.18. The company has a 50-day moving average price of $48.46 and a two-hundred day moving average price of $49.57.

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.