Avid Wealth Partners LLC Sells 1,237 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Avid Wealth Partners LLC lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 54,363 shares of the company’s stock after selling 1,237 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 1.9% of Avid Wealth Partners LLC’s portfolio, making the stock its 15th largest holding. Avid Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,725,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Tax-Exempt Bond ETF Stock Up 0.4 %

VTEB stock opened at $50.36 on Thursday. The business has a fifty day moving average price of $50.27 and a 200 day moving average price of $50.54. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week 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. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 3rd.

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.