Watchman Group Inc. Sells 828 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Watchman Group Inc. lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,459 shares of the company’s stock after selling 828 shares during the quarter. Watchman Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,379,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $1,041,552,000. Brooklyn FI LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 6,485.4% during the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after purchasing an additional 16,313,682 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 5.4% in the fourth quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares during the last quarter. TIAA Trust National Association lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 17.5% during the fourth quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after buying an additional 2,308,219 shares during the last quarter. Finally, Life Planning Partners Inc boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% in the 4th quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock valued at $69,578,000 after buying an additional 1,350,188 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $49.54 on Friday. The firm has a 50 day moving average of $50.06 and a 200 day moving average of $50.37. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.24 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, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1317 per share. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

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.