Hanlon Investment Management Inc. Cuts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hanlon Investment Management Inc. trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,970 shares of the company’s stock after selling 812 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 0.7% of Hanlon Investment Management Inc.’s investment portfolio, making the stock its 27th largest position. Hanlon Investment Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VTEB. Charles Schwab Investment Advisory Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.7% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 29,485,963 shares of the company’s stock worth $1,491,990,000 after buying an additional 1,333,540 shares during the last quarter. Creative Planning lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 15.2% in the fourth quarter. Creative Planning now owns 24,754,352 shares of the company’s stock valued at $1,263,710,000 after acquiring an additional 3,258,212 shares in the last quarter. Raymond James & Associates boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the second quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after acquiring an additional 255,949 shares during the last quarter. TIAA Trust National Association increased its position in shares of Vanguard Tax-Exempt Bond ETF by 21.4% during the second quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after purchasing an additional 2,441,163 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the fourth quarter. Northern Trust Corp now owns 11,720,572 shares of the company’s stock worth $598,335,000 after purchasing an additional 672,087 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.89 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The stock’s fifty day moving average is $50.56 and its two-hundred day moving average is $50.34.

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.