Signature Estate & Investment Advisors LLC Lowers Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Signature Estate & Investment Advisors LLC reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 14,895 shares of the company’s stock after selling 732 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $747,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Citigroup Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 3.9% during the 3rd quarter. Citigroup Inc. now owns 91,122 shares of the company’s stock worth $4,658,000 after acquiring an additional 3,446 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.9% during the third quarter. Fisher Asset Management LLC now owns 46,915 shares of the company’s stock valued at $2,398,000 after purchasing an additional 6,444 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Vanguard Tax-Exempt Bond ETF by 97.2% during the third quarter. D.A. Davidson & CO. now owns 9,301 shares of the company’s stock valued at $475,000 after buying an additional 4,584 shares during the period. Townsquare Capital LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 10.4% in the third quarter. Townsquare Capital LLC now owns 97,119 shares of the company’s stock worth $4,965,000 after buying an additional 9,163 shares in the last quarter. Finally, RiverGlades Family Offices LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2.6% during the third quarter. RiverGlades Family Offices LLC now owns 46,747 shares of the company’s stock worth $2,390,000 after buying an additional 1,176 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

Shares of NYSEARCA VTEB opened at $49.39 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.36 and a 12-month high of $51.17. The stock’s fifty day simple moving average is $50.08 and its two-hundred day simple moving average is $50.39.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1317 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

Vanguard Tax-Exempt Bond ETF 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.