Sargent Investment Group LLC Lowers Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sargent Investment Group LLC trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.8% during the third quarter, Holdings Channel.com reports. The fund owned 17,137 shares of the company’s stock after selling 319 shares during the period. Sargent Investment Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VTEB. Bogart Wealth LLC increased its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares in the last quarter. Verus Capital Partners LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $36,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $41,000. City State Bank purchased a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $50,000. Finally, Rise Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after acquiring an additional 771 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB traded up $0.08 during trading on Thursday, reaching $50.41. The company’s stock had a trading volume of 1,272,879 shares, compared to its average volume of 4,045,860. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.80 and a twelve month high of $51.17. The company has a fifty day moving average of $50.71 and a two-hundred day moving average of $50.45.

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.