Petra Financial Advisors Inc. Has $1.31 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Petra Financial Advisors Inc. lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 29.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,249 shares of the company’s stock after selling 10,908 shares during the period. Petra Financial Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VTEB. PFG Investments LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% during the 4th quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after purchasing an additional 198 shares in the last quarter. Quantum Financial Planning Services Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 2.1% in the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after purchasing an additional 199 shares during the last quarter. Jordan Park Trust Co LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.8% in the fourth quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock worth $584,000 after purchasing an additional 200 shares in the last quarter. Bridgewealth Advisory Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after purchasing an additional 200 shares in the last quarter. Finally, Intrua Financial LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.8% during the first quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock worth $272,000 after purchasing an additional 200 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $49.95 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18. The stock’s fifty day moving average is $50.26 and its 200-day moving average is $50.36.

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.