Washington Trust Advisors Inc. Sells 7,974 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Washington Trust Advisors Inc. decreased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 14.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,418 shares of the company’s stock after selling 7,974 shares during the quarter. Washington Trust Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,277,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Safe Harbor Fiduciary LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $29,000. Advantage Trust Co purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $42,000. Cromwell Holdings LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $48,000. Peterson Wealth Services purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $80,000. Finally, New Republic Capital LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.23 on Thursday. The company’s 50-day simple moving average is $50.13 and its two-hundred day simple moving average is $50.49. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year 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. Shareholders of record on Monday, March 3rd were given 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, March 3rd.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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