Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 81.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,499 shares of the company’s stock after selling 24,388 shares during the period. Summit Wealth Group LLC Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $277,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $25,000. Fairway Wealth LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $28,000. United Financial Planning Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $37,000. Finally, Bogart Wealth LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 41.9% in the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after purchasing an additional 279 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0%

NYSEARCA:VTEB opened at $50.10 on Thursday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The stock has a 50-day simple moving average of $50.21 and a 200 day simple moving average of $50.39.

Vanguard Tax-Exempt Bond ETF Company 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.