Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Elm Partners Management LLC

Elm Partners Management LLC decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 229,571 shares of the company’s stock after selling 59,727 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 0.8% of Elm Partners Management LLC’s holdings, making the stock its 22nd biggest holding. Elm Partners Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,508,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $1,041,552,000. Brooklyn FI LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% in the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after acquiring an additional 16,313,682 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 5.4% in the fourth quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares during the period. TIAA Trust National Association grew its stake in Vanguard Tax-Exempt Bond ETF by 17.5% during the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock worth $778,677,000 after purchasing an additional 2,308,219 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 26.7% during the 4th quarter. Franklin Resources Inc. now owns 6,742,321 shares of the company’s stock worth $337,993,000 after purchasing an additional 1,420,106 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.8 %

VTEB stock opened at $48.13 on Friday. The business’s 50-day moving average is $49.79 and its two-hundred day moving average is $50.20. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.17.

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.