We study generalizations of a classical link invariant -- the multivariable Alexander polynomial -- to tangles. The starting point is Archibalds tMVA invariant for virtual tangles which lives in the setting of circuit algebras, and whose target space has dimension that is exponential in the number of strands. Using the Hodge star map and restricting to tangles without closed components, we define a reduction of the tMVA to an invariant rMVA which is valued in matrices with Laurent polynomial entries, and so has a much more compact target space. We show the rMVA has the structure of a metamonoid morphism and is further equivalent to a tangle invariant defined by Bar-Natan. This invariant also reduces to the Gassner representation on braids and has a partially defined trace operation for closing open strands of a tangle.