Peregrine Asset Advisers Inc. Lowers Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Peregrine Asset Advisers Inc. reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,711 shares of the company’s stock after selling 4,710 shares during the period. Peregrine Asset Advisers Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,619,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in VTEB. GAMMA Investing LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $29,000. Capital Analysts LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 138.7% during the fourth quarter. Capital Analysts LLC now owns 647 shares of the company’s stock worth $33,000 after purchasing an additional 376 shares in the last quarter. HM Payson & Co. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $32,000. Headlands Technologies LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $39,000. Finally, Planned Solutions Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $45,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock traded up $0.07 during mid-day trading on Monday, hitting $50.11. 4,882,463 shares of the stock were exchanged, compared to its average volume of 4,171,800. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-month high of $51.15. The stock’s fifty day simple moving average is $50.30 and its two-hundred day simple moving average is $50.10.

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.