Hennion & Walsh Asset Management Inc. Decreases Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hennion & Walsh Asset Management Inc. trimmed its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 24.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,859 shares of the company’s stock after selling 14,791 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,320,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $29,000. Capital Analysts LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 138.7% in the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after acquiring an additional 376 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $37,000. Planned Solutions Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $45,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $46,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3 %

Shares of NYSEARCA:VTEB traded down $0.16 on Friday, hitting $50.11. The company had a trading volume of 3,389,839 shares, compared to its average volume of 4,150,291. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The business has a 50 day moving average of $50.04 and a 200 day moving average of $50.42.

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.