Vanguard Tax-Exempt Bond ETF $VTEB Stock: New York Life Investment Management LLC Lowers Position

New York Life Investment Management LLC trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 687,523 shares of the company’s stock after selling 171,435 shares during the period. New York Life Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $32,561,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of VTEB. Wealthfront Advisers LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 3.1% during the 1st quarter. Wealthfront Advisers LLC now owns 24,913,759 shares of the company’s stock worth $1,242,947,000 after acquiring an additional 760,249 shares during the period. Sei Investments Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 4.9% during the 1st quarter. Sei Investments Co. now owns 14,164,689 shares of the company’s stock valued at $706,677,000 after acquiring an additional 659,339 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 1st quarter. Bank of America Corp DE now owns 12,650,375 shares of the company’s stock valued at $631,127,000 after purchasing an additional 594,110 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.4% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,867,973 shares of the company’s stock valued at $325,267,000 after purchasing an additional 473,743 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,852,832 shares of the company’s stock valued at $296,036,000 after purchasing an additional 450,334 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.09 on Wednesday. The company has a 50 day simple moving average of $48.19 and a 200-day simple moving average of $49.71. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week high of $51.18.

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.