Continuum Wealth Advisors LLC Lowers Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Continuum Wealth Advisors LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,594 shares of the company’s stock after selling 2,705 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 0.5% of Continuum Wealth Advisors LLC’s portfolio, making the stock its 21st largest holding. Continuum Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Oarsman Capital Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $28,000. Nemes Rush Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1,238.3% in the 4th quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock valued at $32,000 after acquiring an additional 582 shares during the period. Mascagni Wealth Management Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $34,000. Advantage Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Finally, Cromwell Holdings LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $48,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

VTEB opened at $48.87 on Friday. The firm’s fifty day simple moving average is $48.80 and its two-hundred day simple moving average is $49.58. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.17.

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.