Elm Partners Management LLC Sells 93,857 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Elm Partners Management LLC lessened its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 24.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 289,298 shares of the company’s stock after selling 93,857 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 1.0% of Elm Partners Management LLC’s portfolio, making the stock its 19th biggest position. Elm Partners Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,789,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTEB. Trustmark National Bank Trust Department acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at approximately $213,000. Hilltop Partners LLC raised its position in Vanguard Tax-Exempt Bond ETF by 20.0% in the 1st quarter. Hilltop Partners LLC now owns 25,090 shares of the company’s stock valued at $1,270,000 after buying an additional 4,179 shares during the last quarter. Windham Capital Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 1.1% in the 1st quarter. Windham Capital Management LLC now owns 42,331 shares of the company’s stock valued at $2,142,000 after buying an additional 476 shares during the last quarter. Lake Street Advisors Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at approximately $444,000. Finally, Titan Global Capital Management USA LLC raised its position in Vanguard Tax-Exempt Bond ETF by 15.8% in the 1st quarter. Titan Global Capital Management USA LLC now owns 16,378 shares of the company’s stock valued at $829,000 after buying an additional 2,238 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.24 on Monday. The business’s 50 day simple moving average is $50.69 and its 200 day simple moving average is $50.46. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.12 and a 52-week 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.