Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lowered its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 57.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 640 shares of the company’s stock after selling 862 shares during the quarter. Blue Trust Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $32,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Captrust Financial Advisors raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock worth $15,064,000 after purchasing an additional 46,219 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $103,000. Eclectic Associates Inc. ADV lifted its position 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 worth $962,000 after buying an additional 972 shares during the last quarter. Souders Financial Advisors boosted its position in Vanguard Tax-Exempt Bond ETF by 1.1% during the third quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock worth $1,414,000 after purchasing an additional 295 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.7% during the 3rd quarter. Main Street Financial Solutions LLC now owns 37,857 shares of the company’s stock worth $1,935,000 after buying an additional 1,702 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.52 on Friday. The company’s fifty day simple moving average is $50.10 and its 200-day simple moving average is $50.50. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1317 dividend. The ex-dividend date was Monday, February 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.