Canopy Partners LLC Lowers Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Canopy Partners LLC lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 56,431 shares of the company’s stock after selling 203 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 1.1% of Canopy Partners LLC’s portfolio, making the stock its 21st largest holding. Canopy Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,829,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Insigneo Advisory Services LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 4.3% in the third quarter. Insigneo Advisory Services LLC now owns 20,650 shares of the company’s stock valued at $1,056,000 after acquiring an additional 852 shares during the period. MML Investors Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% during the third quarter. MML Investors Services LLC now owns 1,049,205 shares of the company’s stock worth $53,635,000 after buying an additional 49,468 shares in the last quarter. Continuum Advisory LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 12.9% during the third quarter. Continuum Advisory LLC now owns 29,833 shares of the company’s stock worth $1,503,000 after buying an additional 3,414 shares in the last quarter. Nabity Jensen Investment Management Inc acquired a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $512,000. Finally, Executive Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $6,750,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $49.85 on Monday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.24 and a 52-week high of $51.17. The company’s 50-day simple moving average is $50.04 and its 200-day simple moving average is $50.32.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Tuesday, April 1st.

About Vanguard Tax-Exempt Bond ETF

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.