Whittier Trust Co. Sells 2,406 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Whittier Trust Co. decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,300 shares of the company’s stock after selling 2,406 shares during the quarter. Whittier Trust Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $165,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VTEB. Raymond James Financial Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $1,041,552,000. Brooklyn FI LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 6,485.4% in the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after buying an additional 16,313,682 shares during the period. Life Planning Partners Inc lifted its stake in Vanguard Tax-Exempt Bond ETF by 3,575.6% in the fourth quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock valued at $69,578,000 after buying an additional 1,350,188 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock valued at $1,638,063,000 after buying an additional 1,116,602 shares during the period. Finally, Franklin Resources Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after buying an additional 818,486 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $49.78 on Monday. The business’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $50.42. 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 firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. The ex-dividend date was Monday, March 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.