Glass Jacobson Investment Advisors llc Lowers Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Glass Jacobson Investment Advisors llc decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 25,867 shares of the company’s stock after selling 1,781 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,268,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. HB Wealth Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 51.8% during the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after buying an additional 7,552 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth about $211,000. Vanguard Group Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the 1st quarter. Vanguard Group Inc. now owns 3,770,215 shares of the company’s stock valued at $187,078,000 after buying an additional 270,058 shares during the period. AE Wealth Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 8.7% in the first quarter. AE Wealth Management LLC now owns 11,149 shares of the company’s stock worth $553,000 after buying an additional 897 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 20.0% in the first quarter. Oppenheimer & Co. Inc. now owns 14,797 shares of the company’s stock valued at $734,000 after acquiring an additional 2,471 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.57 on Friday. The company’s fifty day moving average price is $49.80 and its 200 day moving average price is $49.13. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.09.

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.