Salomon & Ludwin LLC Sells 64,829 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Salomon & Ludwin LLC lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 481,856 shares of the company’s stock after selling 64,829 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 2.2% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 12th biggest holding. Salomon & Ludwin LLC owned approximately 0.06% of Vanguard Tax-Exempt Bond ETF worth $24,083,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 15.9% during the 1st quarter. Royal Bank of Canada now owns 1,710,860 shares of the company’s stock valued at $84,893,000 after buying an additional 234,242 shares during the last quarter. Ancora Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 18.6% in the 1st quarter. Ancora Advisors LLC now owns 5,917 shares of the company’s stock valued at $294,000 after acquiring an additional 926 shares during the period. AQR Capital Management LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 255.6% during the first quarter. AQR Capital Management LLC now owns 125,935 shares of the company’s stock valued at $6,249,000 after purchasing an additional 90,518 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 17.0% during the first quarter. Integrated Wealth Concepts LLC now owns 1,106,794 shares of the company’s stock worth $54,919,000 after purchasing an additional 161,048 shares during the period. Finally, Ruggaard & Associates LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth about $270,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.29 on Friday. The company’s 50 day moving average is $50.34 and its 200-day moving average is $49.67. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month 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.