Roberts Glore & Co. Inc. IL Reduces Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Roberts Glore & Co. Inc. IL cut its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 205,793 shares of the company’s stock after selling 12,330 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 3.1% of Roberts Glore & Co. Inc. IL’s holdings, making the stock its 5th biggest holding. Roberts Glore & Co. Inc. IL’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $29,000. Advantage Trust Co bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $48,000. Peterson Wealth Services purchased a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $80,000. Finally, New Republic Capital LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.07 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The firm has a 50 day moving average of $50.14 and a 200 day moving average of $50.48.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF 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.