TIAA Trust National Association Sells 283,186 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

TIAA Trust National Association cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,972,314 shares of the company’s stock after selling 283,186 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 1.7% of TIAA Trust National Association’s portfolio, making the stock its 15th biggest holding. TIAA Trust National Association owned about 1.65% of Vanguard Tax-Exempt Bond ETF worth $702,666,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Jane Street Group LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after acquiring an additional 175,676 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 510.2% during the second quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock worth $175,000 after acquiring an additional 2,990 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 79.0% during the second quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock worth $542,000 after acquiring an additional 4,878 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth $1,001,000. Finally, Main Street Financial Solutions LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.9% during the second quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock worth $2,351,000 after acquiring an additional 1,364 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.29 on Tuesday. The stock’s fifty day moving average price is $50.16 and its two-hundred day moving average price is $50.35. Vanguard Tax-Exempt Bond ETF has a 1 year low of $48.46 and a 1 year high of $51.18.

Vanguard Tax-Exempt Bond ETF 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.