United Advisor Group LLC Sells 14,370 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

United Advisor Group LLC reduced its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,985 shares of the company’s stock after selling 14,370 shares during the period. United Advisor Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,794,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of VTEB. Winthrop Advisory Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 545.5% in the third quarter. Winthrop Advisory Group LLC now owns 1,311,481 shares of the company’s stock valued at $62,112,000 after purchasing an additional 1,108,297 shares during the period. Orgel Wealth Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 21.4% during the third quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock worth $205,272,000 after purchasing an additional 763,337 shares during the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Tax-Exempt Bond ETF by 3.1% during the first quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after purchasing an additional 760,249 shares during the last quarter. Sei Investments Co. increased its position in Vanguard Tax-Exempt Bond ETF by 4.9% during the first quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock worth $706,677,000 after purchasing an additional 659,339 shares during the last quarter. Finally, Waldron Private Wealth LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $31,088,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB traded up $0.09 during trading hours on Friday, reaching $49.24. 15,389,838 shares of the company were exchanged, compared to its average volume of 11,876,529. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week high of $51.18. The stock has a 50 day simple moving average of $48.20 and a 200 day simple moving average of $49.72.

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.