Meredith Wealth Planning Sells 1,987 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Meredith Wealth Planning lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,933 shares of the company’s stock after selling 1,987 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 0.8% of Meredith Wealth Planning’s investment portfolio, making the stock its 19th biggest holding. Meredith Wealth Planning’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,902,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after purchasing an additional 46,219 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $103,000. Eclectic Associates Inc. ADV raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after purchasing an additional 972 shares during the last quarter. Souders Financial Advisors raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.1% in the third quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after purchasing an additional 295 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.7% in the third quarter. Main Street Financial Solutions LLC now owns 37,857 shares of the company’s stock valued at $1,935,000 after purchasing an additional 1,702 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

NYSEARCA VTEB opened at $50.19 on Monday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The firm’s 50 day moving average is $50.14 and its 200-day moving average is $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.