Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Cut by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,299 shares of the company’s stock after selling 2,629 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,469,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VTEB. Merkkuri Wealth Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after buying an additional 202 shares during the last quarter. Cypress Wealth Services LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after acquiring an additional 223 shares during the period. Magnus Financial Group LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.0% during the third quarter. Magnus Financial Group LLC now owns 11,979 shares of the company’s stock valued at $612,000 after purchasing an additional 234 shares during the last quarter. Beta Wealth Group Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.6% during the 3rd quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after purchasing an additional 234 shares during the period. Finally, Columbus Macro LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.9% in the 3rd quarter. Columbus Macro LLC now owns 26,803 shares of the company’s stock worth $1,359,000 after purchasing an additional 237 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $49.94 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The business has a 50 day simple moving average of $50.37 and a 200 day simple moving average of $50.56.

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.