Kingsview Wealth Management LLC Sells 13,481 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Kingsview Wealth Management LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.2% in the fourth quarter, Holdings Channel reports. The firm owned 60,710 shares of the company’s stock after selling 13,481 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,053,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. JPL Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $25,000. United Financial Planning Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Measured Wealth Private Client Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $37,000. Ransom Advisory Ltd bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $50,000. Finally, Rossmore Private Capital bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $50,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The company has a 50-day moving average price of $50.10 and a two-hundred day moving average price of $50.35.

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.