Glassman Wealth Services Sells 53,631 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Glassman Wealth Services cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,682 shares of the company’s stock after selling 53,631 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 0.6% of Glassman Wealth Services’ portfolio, making the stock its 15th biggest position. Glassman Wealth Services’ holdings in Vanguard Tax-Exempt Bond ETF were worth $4,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Rothschild Investment LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 653.8% in the 4th quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 425 shares during the period. JPL Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $25,000. Nepc LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $34,000. Measured Wealth Private Client Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $37,000. Finally, Global Trust Asset Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 117.6% in the first quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock worth $46,000 after buying an additional 500 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

NYSEARCA VTEB opened at $50.27 on Tuesday. The company has a fifty day moving average of $50.27 and a two-hundred day moving average of $50.37. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

Vanguard Tax-Exempt Bond ETF Company 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.