Financial Perspectives Inc Sells 1,000 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Perspectives Inc lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.5% in the fourth quarter, HoldingsChannel reports. The fund owned 3,661 shares of the company’s stock after selling 1,000 shares during the period. Financial Perspectives Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $184,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Merkkuri Wealth Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after acquiring an additional 202 shares during the last quarter. FSC Wealth Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after acquiring an additional 216 shares during the last quarter. Cypress Wealth Services LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after acquiring an additional 223 shares during the last quarter. Family Investment Center Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after purchasing an additional 223 shares during the last quarter. Finally, Allen Capital Group LLC raised its position in Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after purchasing an additional 227 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

VTEB opened at $50.07 on Wednesday. The business has a 50 day simple moving average of $50.12 and a two-hundred day simple moving average of $50.52. 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 declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1317 per share. This is a positive change 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.