Affiance Financial LLC Reduces Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Affiance Financial LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,055 shares of the company’s stock after selling 425 shares during the period. Affiance Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $204,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Crewe Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $31,000. Summit Wealth Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $41,000. Venturi Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $44,000. Salem Investment Counselors Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 107.3% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,219 shares of the company’s stock valued at $60,000 after acquiring an additional 631 shares during the period. Finally, Gradient Investments LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the first quarter valued at approximately $61,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

NYSEARCA:VTEB traded up $0.06 during trading hours on Monday, reaching $49.11. The company had a trading volume of 1,117,515 shares, compared to its average volume of 3,367,573. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.38 and a 1-year high of $51.11. The business’s 50 day moving average price is $49.69 and its 200-day moving average price is $50.01.

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.