Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by Coastline Trust Co

Coastline Trust Co decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 27.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 133,813 shares of the company’s stock after selling 49,895 shares during the period. Coastline Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,700,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VTEB. Lowe Wealth Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $29,000. Wolff Wiese Magana LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 56.8% during the second quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock worth $29,000 after buying an additional 216 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1,500.0% in the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after buying an additional 780 shares in the last quarter. Avalon Trust Co purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $49,000. Finally, Clear Investment Research LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth $50,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.29 on Friday. The company has a 50-day moving average price of $50.34 and a 200 day moving average price of $49.67. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.68.

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.