Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Sei Investments Co.

Sei Investments Co. lessened its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.6% during the 2nd quarter, Holdings Channel reports. The firm owned 10,241,392 shares of the company’s stock after selling 378,064 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 0.7% of Sei Investments Co.’s portfolio, making the stock its 17th largest holding. Sei Investments Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $513,195,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Naples Money Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 1st quarter worth approximately $34,000. Verus Capital Partners LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth $36,000. Trust Co. of Vermont acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $37,000. Vermillion & White Wealth Management Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $47,000. Finally, Voisard Asset Management Group Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $50,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $51.04 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.17. The business has a 50-day simple moving average of $50.71 and a 200-day simple moving average of $50.37.

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.