Hollencrest Capital Management Reduces Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hollencrest Capital Management lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,706 shares of the company’s stock after selling 573 shares during the quarter. Hollencrest Capital Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.4% during the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after buying an additional 4,022,038 shares in the last quarter. Northern Trust Corp increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.0% in the 4th quarter. Northern Trust Corp now owns 16,099,227 shares of the company’s stock valued at $807,054,000 after acquiring an additional 616,932 shares during the last quarter. TIAA Trust National Association increased its holdings in Vanguard Tax-Exempt Bond ETF by 17.5% in the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after acquiring an additional 2,308,219 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Vanguard Tax-Exempt Bond ETF by 1.7% in the 4th quarter. Wells Fargo & Company MN now owns 12,088,367 shares of the company’s stock valued at $605,990,000 after acquiring an additional 201,617 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 3.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,207,533 shares of the company’s stock valued at $511,704,000 after acquiring an additional 303,440 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0%

Shares of NYSEARCA VTEB opened at $48.56 on Friday. The firm’s fifty day moving average is $48.84 and its two-hundred day moving average is $49.37. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week 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.