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

Moneywise Inc. trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 84,961 shares of the company’s stock after selling 29,296 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.1% of Moneywise Inc.’s holdings, making the stock its 15th largest holding. Moneywise Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,259,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after purchasing an additional 559 shares in the last quarter. Rise Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after purchasing an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 131.4% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after purchasing an additional 648 shares in the last quarter. Finally, Marquette Asset Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $59,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Thursday. The stock’s 50 day moving average price is $50.27 and its 200 day moving average price is $50.54. 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 business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 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.