Glassman Wealth Services Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Glassman Wealth Services grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 55.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,313 shares of the company’s stock after purchasing an additional 51,579 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 1.0% of Glassman Wealth Services’ portfolio, making the stock its 11th biggest holding. Glassman Wealth Services’ holdings in Vanguard Tax-Exempt Bond ETF were worth $7,308,000 at the end of the most recent reporting period.

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

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

NYSEARCA:VTEB opened at $50.45 on Friday. The company has a 50 day moving average price of $50.37 and a 200-day moving average price of $50.40. Vanguard Tax-Exempt Bond ETF has a 1-year low of $48.46 and a 1-year 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.