Schmidt P J Investment Management Inc. Sells 24,368 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Schmidt P J Investment Management Inc. decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 26.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,211 shares of the company’s stock after selling 24,368 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,415,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. Allen Capital Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 178.5% in the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after purchasing an additional 16,255 shares in the last quarter. First Horizon Corp purchased a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $16,049,000. MGO One Seven LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 919.0% in the 3rd quarter. MGO One Seven LLC now owns 73,666 shares of the company’s stock worth $3,688,000 after acquiring an additional 66,437 shares in the last quarter. Elevate Wealth Advisory Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the third quarter. Elevate Wealth Advisory Inc. now owns 17,850 shares of the company’s stock valued at $894,000 after purchasing an additional 1,022 shares during the last quarter. Finally, Oak Wealth Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 11.7% during the third quarter. Oak Wealth Advisors LLC now owns 33,904 shares of the company’s stock valued at $1,698,000 after purchasing an additional 3,557 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0%

Shares of VTEB stock opened at $50.56 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $50.68. The company has a 50-day simple moving average of $50.33 and a two-hundred day simple moving average of $49.76.

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.