Renaissance Technologies LLC Cuts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Renaissance Technologies LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 26.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 597,654 shares of the company’s stock after selling 212,146 shares during the period. Renaissance Technologies LLC owned about 0.09% of Vanguard Tax-Exempt Bond ETF worth $29,948,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VTEB. Charles Schwab Investment Advisory Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.7% during 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 period. Creative Planning increased its stake in Vanguard Tax-Exempt Bond ETF by 15.2% during the 4th quarter. Creative Planning now owns 24,754,352 shares of the company’s stock worth $1,263,710,000 after buying an additional 3,258,212 shares during the period. Raymond James & Associates increased its stake in Vanguard Tax-Exempt Bond ETF by 1.5% during the 2nd quarter. Raymond James & Associates now owns 17,893,412 shares of the company’s stock worth $896,639,000 after buying an additional 255,949 shares during the period. TIAA Trust National Association increased its stake in Vanguard Tax-Exempt Bond ETF by 21.4% during the 2nd quarter. TIAA Trust National Association now owns 13,830,411 shares of the company’s stock worth $693,044,000 after buying an additional 2,441,163 shares during the period. Finally, Northern Trust Corp increased its stake in Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Northern Trust Corp now owns 11,720,572 shares of the company’s stock worth $598,335,000 after buying an additional 672,087 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $51.04 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.17. The firm has a fifty day moving average of $50.70 and a two-hundred day moving average of $50.36.

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.