Keebeck Wealth Management Trims Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Keebeck Wealth Management decreased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 189,547 shares of the company’s stock after selling 12,933 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.1% of Keebeck Wealth Management’s investment portfolio, making the stock its 22nd largest holding. Keebeck Wealth Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,456,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $25,000. 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 valued at $25,000 after acquiring an additional 425 shares during the last quarter. Nepc LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $37,000. Finally, Global Trust Asset Management LLC increased its stake in shares of 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 acquiring an additional 500 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.51 on Friday. The firm has a fifty day moving average price of $50.24 and a 200 day moving average price of $50.36. 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 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.