Wells Financial Advisors INC Sells 13,000 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Wells Financial Advisors INC cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 68.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,880 shares of the company’s stock after selling 13,000 shares during the period. Wells Financial Advisors INC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $294,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VTEB. Wolff Wiese Magana LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 56.8% in the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after buying an additional 216 shares during the last quarter. Lowe Wealth Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $29,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% in the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after acquiring an additional 780 shares in the last quarter. Avalon Trust Co bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at about $49,000. Finally, Clear Investment Research LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $50,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

VTEB opened at $50.25 on Tuesday. The business’s 50-day simple moving average is $50.35 and its 200 day simple moving average is $49.65. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $50.68.

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.