Vanguard Tax-Exempt Bond ETF $VTEB Stock Sold by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 43.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,424 shares of the company’s stock after selling 66,771 shares during the period. Cherry Tree Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,093,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Orgel Wealth Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 21.4% in the 3rd quarter. Orgel Wealth Management LLC now owns 4,334,288 shares of the company’s stock valued at $205,272,000 after purchasing an additional 763,337 shares during the period. Mather Group LLC. grew its position in Vanguard Tax-Exempt Bond ETF by 2.4% in the 3rd quarter. Mather Group LLC. now owns 1,067,502 shares of the company’s stock worth $50,557,000 after purchasing an additional 25,431 shares during the last quarter. First Pacific Financial increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 31.0% during the 3rd quarter. First Pacific Financial now owns 31,180 shares of the company’s stock worth $1,477,000 after purchasing an additional 7,384 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.4% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock worth $325,267,000 after purchasing an additional 473,743 shares during the period. Finally, Newton One Investments LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.4% during the 3rd quarter. Newton One Investments LLC now owns 317,404 shares of the company’s stock worth $15,032,000 after purchasing an additional 7,358 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.7%

Shares of VTEB traded up $0.34 during trading hours on Thursday, reaching $47.95. 12,426,839 shares of the company traded hands, compared to its average volume of 11,233,266. The stock’s fifty day moving average is $48.56 and its 200 day moving average is $49.60. 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.