SteelPeak Wealth LLC Decreases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

SteelPeak Wealth LLC reduced its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,311 shares of the company’s stock after selling 1,018 shares during the quarter. SteelPeak Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,083,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTEB. Valeo Financial Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 23.2% in the first quarter. Valeo Financial Advisors LLC now owns 53,558 shares of the company’s stock valued at $2,710,000 after buying an additional 10,082 shares during the last quarter. Norden Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 71.8% in the first quarter. Norden Group LLC now owns 51,356 shares of the company’s stock valued at $2,599,000 after buying an additional 21,469 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.8% in the first quarter. Cornerstone Wealth Management LLC now owns 59,019 shares of the company’s stock worth $2,986,000 after purchasing an additional 3,239 shares during the last quarter. Wealth Management Resources Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth about $810,000. Finally, Level Financial Advisors raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.6% in the first quarter. Level Financial Advisors now owns 7,839 shares of the company’s stock worth $397,000 after purchasing an additional 275 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

Shares of NYSEARCA:VTEB traded up $0.02 during trading on Wednesday, hitting $50.31. The stock had a trading volume of 2,259,846 shares, compared to its average volume of 3,933,373. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.36 and a 12-month high of $51.17. The stock has a 50-day simple moving average of $50.80 and a two-hundred day simple moving average of $50.42.

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.