Addison Advisors LLC Lowers Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Addison Advisors LLC lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,692 shares of the company’s stock after selling 1,988 shares during the quarter. Addison Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $240,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. TriaGen Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1.0% during the fourth quarter. TriaGen Wealth Management LLC now owns 21,112 shares of the company’s stock valued at $1,078,000 after buying an additional 206 shares during the period. Pinnacle Associates Ltd. boosted its position in Vanguard Tax-Exempt Bond ETF by 0.4% during the third quarter. Pinnacle Associates Ltd. now owns 49,291 shares of the company’s stock worth $2,371,000 after purchasing an additional 215 shares during the period. Snider Financial Group boosted its position in Vanguard Tax-Exempt Bond ETF by 0.6% during the fourth quarter. Snider Financial Group now owns 38,914 shares of the company’s stock worth $1,987,000 after purchasing an additional 248 shares during the period. Long Run Wealth Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 5.1% during the fourth quarter. Long Run Wealth Advisors LLC now owns 5,150 shares of the company’s stock worth $263,000 after purchasing an additional 250 shares during the period. Finally, Regimen Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the third quarter. Regimen Wealth LLC now owns 37,707 shares of the company’s stock worth $1,814,000 after purchasing an additional 268 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB traded up $0.04 on Friday, reaching $49.79. 2,998,131 shares of the company’s stock were exchanged, compared to its average volume of 4,150,720. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.15. The stock has a fifty day simple moving average of $50.39 and a 200-day simple moving average of $49.99.

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.