Trinity Financial Advisors LLC Trims Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Trinity Financial Advisors LLC trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,505 shares of the company’s stock after selling 25,880 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.5% of Trinity Financial Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Trinity Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,487,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in VTEB. HB Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 51.8% during the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after acquiring an additional 7,552 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $211,000. Vanguard Group Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 7.7% during the first quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after buying an additional 270,058 shares during the period. Allworth Financial LP lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.9% during the 2nd quarter. Allworth Financial LP now owns 702,670 shares of the company’s stock worth $34,452,000 after purchasing an additional 45,524 shares during the last quarter. Finally, Alpha Cubed Investments LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 31.2% during the second quarter. Alpha Cubed Investments LLC now owns 9,288 shares of the company’s stock valued at $455,000 after acquiring an additional 2,209 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.31 on Thursday. The business has a fifty day moving average of $50.38 and a 200 day moving average of $49.56. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $50.68.

Vanguard Tax-Exempt Bond ETF Company 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.