Argonautica Private Wealth Management Inc. Reduces Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Argonautica Private Wealth Management Inc. reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,948 shares of the company’s stock after selling 2,492 shares during the period. Argonautica Private Wealth Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $599,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of VTEB. Safe Harbor Fiduciary LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $29,000. Advantage Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $42,000. Cromwell Holdings LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $48,000. Peterson Wealth Services bought a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $80,000. Finally, New Republic Capital LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.54 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The firm has a 50 day simple moving average of $50.08 and a 200 day simple moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.