Annex Advisory Services LLC Trims Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Annex Advisory Services LLC cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 88.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,352 shares of the company’s stock after selling 69,708 shares during the quarter. Annex Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTEB. Dark Forest Capital Management LP bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $417,000. Natixis Advisors L.P. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.8% in the third quarter. Natixis Advisors L.P. now owns 101,742 shares of the company’s stock worth $4,894,000 after acquiring an additional 11,553 shares during the period. Operose Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,170.2% in the third quarter. Operose Advisors LLC now owns 4,471 shares of the company’s stock worth $215,000 after buying an additional 4,119 shares during the last quarter. Mutual Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.3% in the third quarter. Mutual Advisors LLC now owns 77,268 shares of the company’s stock worth $3,717,000 after buying an additional 6,560 shares during the last quarter. Finally, Mather Group LLC. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 13.6% in the third quarter. Mather Group LLC. now owns 505,279 shares of the company’s stock worth $24,304,000 after buying an additional 60,558 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.31 on Wednesday. The company’s 50 day moving average is $50.03 and its 200 day moving average is $50.42. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15.

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.