Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Lessened by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. decreased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,460 shares of the company’s stock after selling 3,410 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $789,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of VTEB. JPMorgan Chase & Co. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 19.0% during the third quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after purchasing an additional 11,344,416 shares in the last quarter. Creative Planning raised its position in Vanguard Tax-Exempt Bond ETF by 8.8% in the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock worth $1,033,964,000 after acquiring an additional 1,742,080 shares in the last quarter. Raymond James & Associates raised its position in Vanguard Tax-Exempt Bond ETF by 1.6% in the fourth quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock worth $879,793,000 after acquiring an additional 267,300 shares in the last quarter. FMR LLC raised its position in Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock worth $745,940,000 after acquiring an additional 1,498,184 shares in the last quarter. Finally, Morgan Stanley raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.8% during the 3rd quarter. Morgan Stanley now owns 11,719,618 shares of the company’s stock worth $563,714,000 after buying an additional 425,933 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB traded up $0.12 on Thursday, hitting $49.90. 4,059,950 shares of the company were exchanged, compared to its average volume of 4,121,755. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The company’s 50 day moving average price is $50.34 and its 200-day moving average price is $50.04.

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.