Wedbush Securities Inc. Sells 1,471 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wedbush Securities Inc. trimmed its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,239 shares of the company’s stock after selling 1,471 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Naples Money Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the first quarter valued at about $34,000. Verus Capital Partners LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $36,000. Trust Co. of Vermont bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $37,000. Vermillion & White Wealth Management Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $47,000. Finally, Voisard Asset Management Group Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $50,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

VTEB opened at $50.99 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The company has a 50-day simple moving average of $50.64 and a 200 day simple moving average of $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.