McAdam LLC Sells 2,522 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

McAdam LLC trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,688 shares of the company’s stock after selling 2,522 shares during the period. McAdam LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,221,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. LRI Investments LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth about $172,000. Claro Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $393,000. Glassy Mountain Advisors Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 5.6% during the 2nd quarter. Glassy Mountain Advisors Inc. now owns 38,341 shares of the company’s stock valued at $1,921,000 after purchasing an additional 2,017 shares during the last quarter. Calton & Associates Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the second quarter. Calton & Associates Inc. now owns 5,897 shares of the company’s stock valued at $295,000 after purchasing an additional 337 shares during the last quarter. Finally, Souders Financial Advisors lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.3% during the 2nd quarter. Souders Financial Advisors now owns 27,371 shares of the company’s stock worth $1,372,000 after buying an additional 2,095 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.6 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.18 on Thursday. The stock’s 50 day moving average is $50.83 and its 200-day moving average is $50.41. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17.

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.