Kanawha Capital Management LLC Cuts Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Kanawha Capital Management LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,694 shares of the company’s stock after selling 542 shares during the period. Kanawha Capital Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $235,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Vicus Capital increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.9% in the 4th quarter. Vicus Capital now owns 69,207 shares of the company’s stock valued at $3,469,000 after purchasing an additional 651 shares in the last quarter. W.H. Cornerstone Investments Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 87.3% in the 4th quarter. W.H. Cornerstone Investments Inc. now owns 14,207 shares of the company’s stock worth $712,000 after buying an additional 6,621 shares during the last quarter. Walkner Condon Financial Advisors LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 14.9% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 4,583 shares of the company’s stock worth $230,000 after buying an additional 595 shares during the last quarter. Catalyst Financial Partners LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $350,000. Finally, Attessa Capital LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $231,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

VTEB stock opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The business’s 50-day moving average is $50.16 and its 200 day moving average is $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company 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.