Prosperity Planning Inc. Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Prosperity Planning Inc. decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 17,105 shares of the company’s stock after selling 232 shares during the period. Prosperity Planning Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $849,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. AMI Investment Management Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 1.4% during the 1st quarter. AMI Investment Management Inc. now owns 170,387 shares of the company’s stock valued at $8,455,000 after purchasing an additional 2,356 shares during the period. Annex Advisory Services LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 16.6% in the 1st quarter. Annex Advisory Services LLC now owns 11,344 shares of the company’s stock valued at $563,000 after buying an additional 1,615 shares in the last quarter. Retirement Planning Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $2,291,000. Chatham Capital Group Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.4% in the 1st quarter. Chatham Capital Group Inc. now owns 61,915 shares of the company’s stock valued at $3,072,000 after buying an additional 9,600 shares in the last quarter. Finally, Charles Schwab Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 1st quarter valued at about $958,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

VTEB stock opened at $48.73 on Friday. The firm has a 50 day moving average of $48.83 and a 200 day moving average of $49.73. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.17.

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.