Sovereign Financial Group Inc. Sells 490 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sovereign Financial Group Inc. lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,352 shares of the company’s stock after selling 490 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $273,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $29,000. HM Payson & Co. bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $32,000. Capital Analysts LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 138.7% during the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after purchasing an additional 376 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $39,000. Finally, Planned Solutions Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $45,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

Shares of NYSEARCA:VTEB traded up $0.14 during mid-day trading on Tuesday, reaching $50.25. 4,608,160 shares of the company traded hands, compared to its average volume of 4,176,757. The company’s 50 day moving average price is $50.30 and its 200-day moving average price is $50.12. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.15.

Vanguard Tax-Exempt Bond ETF Company 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.