Mission Wealth Management LP Trims Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Mission Wealth Management LP reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,014 shares of the company’s stock after selling 1,419 shares during the period. Mission Wealth Management LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $540,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TIAA Trust National Association lifted its stake in Vanguard Tax-Exempt Bond ETF by 1.7% during the second quarter. TIAA Trust National Association now owns 12,455,750 shares of the company’s stock worth $610,703,000 after purchasing an additional 207,882 shares during the last quarter. Navalign LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 43.0% during the second quarter. Navalign LLC now owns 29,092 shares of the company’s stock worth $1,426,000 after purchasing an additional 8,753 shares during the last quarter. Aviance Capital Partners LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 12.8% during the second quarter. Aviance Capital Partners LLC now owns 26,930 shares of the company’s stock worth $1,320,000 after purchasing an additional 3,060 shares during the last quarter. Dravo Bay LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 37.8% during the second quarter. Dravo Bay LLC now owns 132,782 shares of the company’s stock worth $6,510,000 after purchasing an additional 36,415 shares during the last quarter. Finally, Center for Financial Planning Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 178.6% during the second quarter. Center for Financial Planning Inc. now owns 24,216 shares of the company’s stock worth $1,187,000 after purchasing an additional 15,524 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.39 on Wednesday. The business’s fifty day moving average price is $50.02 and its 200 day moving average price is $49.25. 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.