Sellwood Investment Partners LLC Purchases Shares of 48,064 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sellwood Investment Partners LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 48,064 shares of the company’s stock, valued at approximately $2,409,000. Vanguard Tax-Exempt Bond ETF makes up about 1.3% of Sellwood Investment Partners LLC’s investment portfolio, making the stock its 12th biggest position.

Several other large investors also recently made changes to their positions in VTEB. Citigroup Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 3.9% during the 3rd quarter. Citigroup Inc. now owns 91,122 shares of the company’s stock valued at $4,658,000 after purchasing an additional 3,446 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 15.9% during the third quarter. Fisher Asset Management LLC now owns 46,915 shares of the company’s stock worth $2,398,000 after acquiring an additional 6,444 shares in the last quarter. Hancock Whitney Corp increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.3% during the third quarter. Hancock Whitney Corp now owns 59,483 shares of the company’s stock worth $3,041,000 after acquiring an additional 790 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 97.2% in the 3rd quarter. D.A. Davidson & CO. now owns 9,301 shares of the company’s stock worth $475,000 after acquiring an additional 4,584 shares during the last quarter. Finally, Townsquare Capital LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 10.4% in the 3rd quarter. Townsquare Capital LLC now owns 97,119 shares of the company’s stock valued at $4,965,000 after acquiring an additional 9,163 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.59 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The stock has a 50 day moving average price of $50.09 and a two-hundred day moving average price of $50.40.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1317 per share. The ex-dividend date was Monday, March 3rd. This is an increase 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.