TBH Global Asset Management LLC Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

TBH Global Asset Management LLC trimmed its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 44.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,484 shares of the company’s stock after selling 4,420 shares during the quarter. TBH Global Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $275,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Merkkuri Wealth Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after purchasing an additional 202 shares during the period. FSC Wealth Advisors LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 4th quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after purchasing an additional 216 shares during the period. Cypress Wealth Services LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after purchasing an additional 223 shares during the period. Family Investment Center Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after purchasing an additional 223 shares during the period. Finally, Allen Capital Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after purchasing an additional 227 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

NYSEARCA VTEB opened at $50.22 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17. The business’s fifty day moving average is $50.08 and its 200-day moving average is $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 3rd.

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.