Vanguard Tax-Exempt Bond ETF $VTEB Stock: Silver Grove Financial Group Inc. Trims Holdings

Silver Grove Financial Group Inc. reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 81.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,088 shares of the company’s stock after selling 13,969 shares during the quarter. Silver Grove Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $146,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Arlington Trust Co LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $38,000. Farmers & Merchants Investments Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $40,000. Legacy Wealth Managment LLC ID bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $49,000. Trust Co. of Vermont acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $50,000. Finally, Asset Dedication LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $51,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

NYSEARCA VTEB opened at $49.19 on Thursday. The firm’s 50 day simple moving average is $48.20 and its 200 day simple moving average is $49.70. Vanguard Tax-Exempt Bond ETF has a 1 year low of $46.87 and a 1 year high of $51.18.

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.