First Horizon Advisors Inc. Decreases Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

First Horizon Advisors Inc. cut its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 6.9% during the fourth quarter, Holdings Channel reports. The firm owned 272,778 shares of the company’s stock after selling 20,353 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,925,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of VTEB. GAMMA Investing LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $29,000. HM Payson & Co. acquired a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $32,000. Capital Analysts LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after buying an additional 376 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $39,000. Finally, Planned Solutions Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $45,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB traded up $0.10 during trading on Thursday, reaching $49.88. 2,748,245 shares of the company’s stock traded hands, compared to its average volume of 4,108,750. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The company has a 50-day simple moving average of $50.34 and a 200-day simple moving average of $50.04.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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