Bailard Inc. Sells 173,156 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Bailard Inc. lessened its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 46.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 197,236 shares of the company’s stock after selling 173,156 shares during the quarter. Bailard Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,883,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in VTEB. Per Stirling Capital Management LLC. grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.5% during the fourth quarter. Per Stirling Capital Management LLC. now owns 105,976 shares of the company’s stock valued at $5,410,000 after purchasing an additional 480 shares during the last quarter. Vise Technologies Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 6.8% in the 4th quarter. Vise Technologies Inc. now owns 70,355 shares of the company’s stock valued at $3,592,000 after buying an additional 4,458 shares during the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $47,000. Pinnacle Wealth Management Advisory Group LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 14.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 55,857 shares of the company’s stock worth $2,851,000 after acquiring an additional 7,066 shares during the last quarter. Finally, Brandywine Oak Private Wealth LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 3.0% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 107,747 shares of the company’s stock valued at $5,500,000 after acquiring an additional 3,165 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:VTEB traded down $0.05 during midday trading on Monday, hitting $50.76. The company’s stock had a trading volume of 2,657,973 shares, compared to its average volume of 4,055,027. The stock’s 50 day simple moving average is $50.47 and its 200 day simple moving average is $50.33. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15.

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.