Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by TD Capital Management LLC

TD Capital Management LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,694 shares of the company’s stock after selling 15,151 shares during the period. TD Capital Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,196,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Equity Partners raised its holdings in Vanguard Tax-Exempt Bond ETF by 24.9% in the third quarter. Golden State Equity Partners now owns 6,327 shares of the company’s stock valued at $323,000 after buying an additional 1,262 shares during the period. Financial Advocates Investment Management boosted its stake in Vanguard Tax-Exempt Bond ETF by 34.1% during the 3rd quarter. Financial Advocates Investment Management now owns 15,934 shares of the company’s stock valued at $815,000 after acquiring an additional 4,050 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.9% during the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 306,392 shares of the company’s stock valued at $15,663,000 after acquiring an additional 11,536 shares during the last quarter. ForthRight Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.3% during the 3rd quarter. ForthRight Wealth Management LLC now owns 143,875 shares of the company’s stock worth $7,355,000 after acquiring an additional 369 shares in the last quarter. Finally, Stephens Inc. AR increased its position in shares of Vanguard Tax-Exempt Bond ETF by 2.2% in the 3rd quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock worth $1,852,000 after purchasing an additional 780 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.66 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm’s 50-day simple moving average is $50.11 and its 200-day simple moving average is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.