Traynor Capital Management Inc. Sells 5,215 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Traynor Capital Management Inc. cut its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 53.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,453 shares of the company’s stock after selling 5,215 shares during the quarter. Traynor Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $223,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 47.3% in the second quarter. Thrivent Financial for Lutherans now owns 71,757 shares of the company’s stock valued at $3,596,000 after buying an additional 23,056 shares during the last quarter. 1832 Asset Management L.P. bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $169,000. Insigneo Advisory Services LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $1,008,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at $41,000. Finally, AQR Capital Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at about $516,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Shares of VTEB stock opened at $49.93 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The company has a 50-day simple moving average of $50.36 and a 200 day simple moving average of $50.55.

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.