Northwestern Mutual Wealth Management Co. Sells 35,692,140 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Northwestern Mutual Wealth Management Co. reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 99.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,516 shares of the company’s stock after selling 35,692,140 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,792,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $25,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $37,000. Ransom Advisory Ltd bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $50,000. Finally, Pittenger & Anderson Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $54,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.88 on Tuesday. The stock’s 50-day moving average price is $50.11 and its 200-day moving average price is $50.35. Vanguard Tax-Exempt Bond ETF has a 52 week low of $48.46 and a 52 week high of $51.18.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

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