Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. reduced its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,929 shares of the company’s stock after selling 3,355 shares during the quarter. Avantax Planning Partners Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,970,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $29,000. Advantage Trust Co purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $48,000. Peterson Wealth Services purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $80,000. Finally, New Republic Capital LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $83,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of VTEB stock opened at $50.13 on Tuesday. The stock has a 50 day moving average of $50.13 and a 200 day moving average of $50.48. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1317 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost 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.