Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Keebeck Wealth Management

Keebeck Wealth Management trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 189,547 shares of the company’s stock after selling 12,933 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.1% of Keebeck Wealth Management’s portfolio, making the stock its 22nd largest position. Keebeck Wealth Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,456,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Jane Street Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after acquiring an additional 175,676 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Vanguard Tax-Exempt Bond ETF by 510.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock worth $175,000 after purchasing an additional 2,990 shares in the last quarter. First Trust Advisors LP boosted its stake in Vanguard Tax-Exempt Bond ETF by 79.0% in the 2nd quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock worth $542,000 after purchasing an additional 4,878 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $1,001,000. Finally, Main Street Financial Solutions LLC grew its position in Vanguard Tax-Exempt Bond ETF by 2.9% during the 2nd quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock worth $2,351,000 after purchasing an additional 1,364 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.51 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18. The firm’s 50 day simple moving average is $50.24 and its two-hundred day simple 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.