Elm Partners Management LLC Boosts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Elm Partners Management LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 235.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 452,643 shares of the company’s stock after purchasing an additional 317,820 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.0% of Elm Partners Management LLC’s investment portfolio, making the stock its 21st biggest holding. Elm Partners Management LLC owned 0.05% of Vanguard Tax-Exempt Bond ETF worth $22,763,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC increased its position in Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after acquiring an additional 175,676 shares during the last quarter. Russell Investments Group Ltd. increased its position in Vanguard Tax-Exempt Bond ETF by 510.2% during the second quarter. Russell Investments Group Ltd. now owns 3,576 shares of the company’s stock valued at $175,000 after acquiring an additional 2,990 shares during the last quarter. First Trust Advisors LP increased its position in Vanguard Tax-Exempt Bond ETF by 79.0% during the second quarter. First Trust Advisors LP now owns 11,052 shares of the company’s stock valued at $542,000 after acquiring an additional 4,878 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at $1,001,000. Finally, Main Street Financial Solutions LLC increased its position in Vanguard Tax-Exempt Bond ETF by 2.9% during the second quarter. Main Street Financial Solutions LLC now owns 47,957 shares of the company’s stock valued at $2,351,000 after acquiring an additional 1,364 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The stock has a fifty day moving average of $50.10 and a 200 day moving average of $50.35.

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.