Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Lessened by Howe & Rusling Inc.

Howe & Rusling Inc. lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,759 shares of the company’s stock after selling 695 shares during the period. Howe & Rusling Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,341,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 5.4% during the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after acquiring an additional 4,022,038 shares in the last quarter. Wells Financial Advisors INC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 214.7% during the fourth quarter. Wells Financial Advisors INC now owns 18,880 shares of the company’s stock worth $946,000 after acquiring an additional 12,880 shares during the last quarter. Sellwood Investment Partners LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $2,409,000. SwitchPoint Financial Planning LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $1,893,000. Finally, UNIVEST FINANCIAL Corp grew its position in shares of Vanguard Tax-Exempt Bond ETF by 85.1% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 110,602 shares of the company’s stock worth $5,544,000 after buying an additional 50,851 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $49.39 on Thursday. The company has a fifty day simple moving average of $50.08 and a 200 day simple moving average of $50.39. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.36 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

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.