American Financial Advisors LLC Sells 273 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

American Financial Advisors LLC lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,738 shares of the company’s stock after selling 273 shares during the period. American Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $338,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Merkkuri Wealth Advisors LLC increased 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 buying an additional 202 shares during the period. FSC Wealth Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after purchasing an additional 216 shares during the period. Cypress Wealth Services LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% during the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after purchasing an additional 223 shares during the last quarter. Family Investment Center Inc. lifted 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 period. Finally, Allen Capital Group LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in 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 Trading Up 0.1 %

Shares of NYSEARCA:VTEB opened at $50.19 on Friday. The company has a 50 day moving average of $50.14 and a 200-day 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 announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued 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.