Freestone Capital Holdings LLC Cuts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Freestone Capital Holdings LLC cut its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,458 shares of the company’s stock after selling 1,193 shares during the period. Freestone Capital Holdings LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,739,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. HB Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 51.8% in the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after acquiring an additional 7,552 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $211,000. Vanguard Group Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the 1st quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after purchasing an additional 270,058 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.7% during the 1st quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock valued at $553,000 after buying an additional 897 shares during the last quarter. Finally, Winthrop Advisory Group LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.2% during the 2nd quarter. Winthrop Advisory Group LLC now owns 205,578 shares of the company’s stock valued at $10,079,000 after buying an additional 22,384 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.31 on Tuesday. The company has a fifty day simple moving average of $49.99 and a 200 day simple moving average of $49.23. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.09.

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.