Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by TAGStone Capital Inc.

TAGStone Capital Inc. cut its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 79,424 shares of the company’s stock after selling 11,998 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 1.5% of TAGStone Capital Inc.’s portfolio, making the stock its 20th largest position. TAGStone Capital Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,994,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VTEB. New York Life Investment Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 15.1% during the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock valued at $42,865,000 after buying an additional 112,023 shares during the period. Chesley Taft & Associates LLC raised its position in Vanguard Tax-Exempt Bond ETF by 18.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 150,812 shares of the company’s stock valued at $7,584,000 after buying an additional 23,425 shares during the period. Compound Planning Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock valued at $16,683,000 after buying an additional 46,505 shares during the period. Bear Mountain Capital Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 418.3% during the fourth quarter. Bear Mountain Capital Inc. now owns 102,548 shares of the company’s stock valued at $5,190,000 after buying an additional 82,764 shares during the period. Finally, Betterment LLC raised its position in Vanguard Tax-Exempt Bond ETF by 1,261.4% during the third quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.31 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.46 and a 1-year high of $51.18. The business’s fifty day moving average price is $50.12 and its 200 day moving average price is $50.35.

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.