Sincerus Advisory LLC Invests $2 Million in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sincerus Advisory LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 39,888 shares of the company’s stock, valued at approximately $2,000,000. Vanguard Tax-Exempt Bond ETF makes up about 2.1% of Sincerus Advisory LLC’s investment portfolio, making the stock its 10th biggest position.

A number of other institutional investors have also recently made changes to their positions in the business. FSC Wealth Advisors LLC increased its stake in 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 valued at $343,000 after purchasing an additional 216 shares in the last quarter. Cypress Wealth Services LLC grew its stake in 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 valued at $1,588,000 after purchasing an additional 223 shares during the last quarter. Family Investment Center Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after purchasing an additional 223 shares during the period. Allen Capital Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the fourth 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 last quarter. Finally, Beta Wealth Group Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.6% during the third quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after purchasing an additional 234 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4 %

Shares of NYSEARCA VTEB opened at $50.54 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The business’s 50 day moving average price is $50.08 and its 200 day moving average price is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.