Hanlon Investment Management Inc. Decreases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hanlon Investment Management Inc. decreased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 44,535 shares of the company’s stock after selling 3,435 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 0.6% of Hanlon Investment Management Inc.’s portfolio, making the stock its 28th biggest position. Hanlon Investment Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,277,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. TIAA Trust National Association lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after purchasing an additional 2,441,163 shares during the last quarter. Jane Street Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the first quarter valued at $82,895,000. Sanctuary Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $71,067,000. Charles Schwab Investment Advisory Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.7% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after acquiring an additional 1,333,540 shares in the last quarter. Finally, Creative Planning increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the 2nd quarter. Creative Planning now owns 25,601,034 shares of the company’s stock valued at $1,282,868,000 after acquiring an additional 796,659 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.41 on Tuesday. The stock’s 50-day simple moving average is $50.77 and its 200-day simple moving average is $50.43. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.04 and a fifty-two week high of $51.17.

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.