Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 797,994 shares of the company’s stock after selling 11,288 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $40,003,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VTEB. FSC Wealth Advisors LLC grew 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 acquiring an additional 216 shares during the period. Cypress Wealth Services LLC increased its position in shares of 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. raised its holdings in Vanguard Tax-Exempt Bond ETF by 4.1% in the 4th quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after buying an additional 223 shares during the period. Allen Capital Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.0% during the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after buying an additional 227 shares during the period. Finally, Lpwm LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the fourth quarter. Lpwm LLC now owns 16,792 shares of the company’s stock valued at $842,000 after acquiring an additional 245 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.59 on Wednesday. The company’s 50 day simple moving average is $50.09 and its 200-day simple moving average is $50.40. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid 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 of this dividend 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.