Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by TCG Advisory Services LLC

TCG Advisory Services LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 48.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,509 shares of the company’s stock after selling 25,674 shares during the quarter. TCG Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,404,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in Vanguard Tax-Exempt Bond ETF by 19.0% in the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock worth $3,416,007,000 after acquiring an additional 11,344,416 shares in the last quarter. Creative Planning lifted its stake in Vanguard Tax-Exempt Bond ETF by 8.8% during the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock valued at $1,033,964,000 after purchasing an additional 1,742,080 shares during the last quarter. Raymond James & Associates boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.6% during the fourth quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock worth $879,793,000 after buying an additional 267,300 shares in the last quarter. FMR LLC grew its position in Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock worth $745,940,000 after buying an additional 1,498,184 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.8% in the third quarter. Morgan Stanley now owns 11,719,618 shares of the company’s stock valued at $563,714,000 after buying an additional 425,933 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB traded up $0.19 during trading hours on Friday, hitting $50.04. 4,809,487 shares of the company were exchanged, compared to its average volume of 4,163,537. The firm has a fifty day simple moving average of $50.31 and a 200-day simple moving average of $50.05. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15.

Vanguard Tax-Exempt Bond ETF 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.