Benchmark Wealth Management LLC Sells 971 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Benchmark Wealth Management LLC trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 98,152 shares of the company’s stock after selling 971 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 2.4% of Benchmark Wealth Management LLC’s investment portfolio, making the stock its 12th largest position. Benchmark Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after acquiring an additional 1,003,475 shares during the last quarter. Creative Planning lifted its position in Vanguard Tax-Exempt Bond ETF by 3.2% during the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after buying an additional 796,659 shares in the last quarter. Raymond James & Associates grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after acquiring an additional 75,969 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,372,788 shares of the company’s stock valued at $469,670,000 after acquiring an additional 502,858 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 5,639,228 shares of the company’s stock worth $281,488,000 after acquiring an additional 640,552 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock traded down $0.08 during trading hours on Tuesday, reaching $50.13. 3,453,289 shares of the company were exchanged, compared to its average volume of 3,452,781. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.54 and a fifty-two week high of $51.17. The stock’s fifty day moving average is $50.47 and its two-hundred day moving average is $50.58.

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.