Cerity Partners LLC Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Cerity Partners LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,039,189 shares of the company’s stock after selling 175,795 shares during the period. Cerity Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $203,131,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. LPL Financial LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 21.8% during the 4th quarter. LPL Financial LLC now owns 9,135,043 shares of the company’s stock worth $459,401,000 after buying an additional 1,637,385 shares in the last quarter. Franklin Resources Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 3.1% during the 4th quarter. Franklin Resources Inc. now owns 6,272,115 shares of the company’s stock worth $315,425,000 after buying an additional 188,310 shares in the last quarter. IMA Advisory Services Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 30.0% during the 4th quarter. IMA Advisory Services Inc. now owns 3,889 shares of the company’s stock worth $196,000 after buying an additional 897 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock worth $5,257,899,000 after buying an additional 5,461,346 shares in the last quarter. Finally, XML Financial LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $399,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0%

NYSEARCA:VTEB opened at $50.29 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18. The stock has a 50 day moving average of $50.16 and a two-hundred day moving average of $50.35.

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.