Bfsg LLC Trims Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Bfsg LLC trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 40.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,865 shares of the company’s stock after selling 1,280 shares during the quarter. Bfsg LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $93,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $29,000. Bogart Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares in the last quarter. Peterson Wealth Services purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $80,000. New Republic Capital LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $83,000. Finally, Eastern Bank purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $86,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

VTEB opened at $50.14 on Thursday. The business’s 50-day moving average is $50.09 and its two-hundred day moving average is $50.51. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors 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 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.