Forvis Mazars Wealth Advisors LLC Sells 15,803 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Forvis Mazars Wealth Advisors LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 160,061 shares of the company’s stock after selling 15,803 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,024,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after purchasing an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after purchasing an additional 818,486 shares in the last quarter. LPL Financial LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after purchasing an additional 433,676 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock valued at $192,395,000 after purchasing an additional 219,309 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the 3rd quarter. US Bancorp DE now owns 3,416,227 shares of the company’s stock valued at $174,637,000 after acquiring an additional 41,437 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

Shares of NYSEARCA VTEB opened at $50.36 on Friday. The firm’s 50-day moving average price is $50.08 and its 200-day moving average price is $50.50. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-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. Stockholders 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 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.