Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 48,608 shares of the company’s stock after selling 390 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,437,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SigFig Wealth Management LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. SigFig Wealth Management LLC now owns 136,967 shares of the company’s stock valued at $6,869,000 after buying an additional 6,845 shares during the period. HUB Investment Partners LLC grew its position in Vanguard Tax-Exempt Bond ETF by 41.7% in the 4th quarter. HUB Investment Partners LLC now owns 58,412 shares of the company’s stock valued at $2,928,000 after acquiring an additional 17,204 shares in the last quarter. Elevate Wealth Advisory Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 1.9% during the fourth quarter. Elevate Wealth Advisory Inc. now owns 15,801 shares of the company’s stock worth $792,000 after purchasing an additional 297 shares during the period. Strategic Financial Services Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 55.2% during the fourth quarter. Strategic Financial Services Inc. now owns 19,904 shares of the company’s stock worth $998,000 after purchasing an additional 7,082 shares in the last quarter. Finally, Sandy Spring Bank boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.5% in the fourth quarter. Sandy Spring Bank now owns 3,035 shares of the company’s stock valued at $152,000 after purchasing an additional 385 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Shares of VTEB opened at $49.78 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm’s 50 day moving average price is $50.09 and its 200 day moving average price is $50.42.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.