Peregrine Asset Advisers Inc. Reduces Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Peregrine Asset Advisers Inc. decreased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.2% during the third quarter, Holdings Channel.com reports. The fund owned 29,953 shares of the company’s stock after selling 1,000 shares during the quarter. Peregrine Asset Advisers Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,531,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer & Co. Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 55.3% in the first quarter. Oppenheimer & Co. Inc. now owns 8,734 shares of the company’s stock worth $442,000 after acquiring an additional 3,110 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter worth about $550,000. Avantax Advisory Services Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 82,611 shares of the company’s stock valued at $4,180,000 after purchasing an additional 7,289 shares in the last quarter. Neumann Capital Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the first quarter. Neumann Capital Management LLC now owns 50,550 shares of the company’s stock valued at $2,558,000 after buying an additional 600 shares during the period. Finally, Bleakley Financial Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 3.9% in the first quarter. Bleakley Financial Group LLC now owns 1,442,694 shares of the company’s stock worth $73,000,000 after buying an additional 53,732 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.54 on Monday. The company has a 50-day simple moving average of $50.73 and a two-hundred day simple moving average of $50.44. Vanguard Tax-Exempt Bond ETF has a one year low of $48.44 and a one year 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.