Naples Global Advisors LLC Sells 565 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Naples Global Advisors LLC lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 38,233 shares of the company’s stock after selling 565 shares during the quarter. Naples Global Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,916,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Curbstone Financial Management Corp lifted its stake in Vanguard Tax-Exempt Bond ETF by 2.0% in the 1st quarter. Curbstone Financial Management Corp now owns 10,450 shares of the company’s stock valued at $529,000 after acquiring an additional 200 shares in the last quarter. Steele Capital Management Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.9% in the second quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock worth $1,108,000 after purchasing an additional 200 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock worth $757,000 after purchasing an additional 201 shares during the last quarter. Perennial Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the 1st quarter. Perennial Advisors LLC now owns 30,568 shares of the company’s stock valued at $1,547,000 after buying an additional 204 shares during the last quarter. Finally, Vicus Capital lifted its position in Vanguard Tax-Exempt Bond ETF by 0.3% during the 1st quarter. Vicus Capital now owns 60,058 shares of the company’s stock worth $3,039,000 after buying an additional 206 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB traded up $0.04 during mid-day trading on Friday, hitting $50.68. The company had a trading volume of 2,425,813 shares, compared to its average volume of 4,094,643. The firm has a 50-day simple moving average of $50.41 and a two-hundred day simple moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15.

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.