Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Verus Financial Partners Inc.

Verus Financial Partners Inc. reduced its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 41.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 200,940 shares of the company’s stock after selling 140,243 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 0.8% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 17th largest position. Verus Financial Partners Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,516,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Winthrop Advisory Group LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 545.5% in the third quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock valued at $62,112,000 after acquiring an additional 1,108,297 shares during the period. Orgel Wealth Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 21.4% during the third quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock worth $205,272,000 after acquiring an additional 763,337 shares during the period. Wealthfront Advisers LLC increased its position in Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after acquiring an additional 659,339 shares during the period. Finally, Boston Standard Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $30,567,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4%

NYSEARCA:VTEB opened at $48.88 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $46.87 and a one year high of $51.18. The company has a fifty day moving average price of $48.26 and a 200 day moving average price of $49.76.

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.