Lane & Associates LLC Trims Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Lane & Associates LLC trimmed its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 60.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,340 shares of the company’s stock after selling 11,379 shares during the period. Lane & Associates LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $368,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. Merkkuri Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after buying an additional 202 shares during the period. FSC Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the 4th quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after buying an additional 216 shares during the period. Cypress Wealth Services LLC increased its stake 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 buying an additional 223 shares during the period. Family Investment Center Inc. increased its stake 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 worth $283,000 after buying an additional 223 shares during the period. Finally, Allen Capital Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th 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.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

NYSEARCA VTEB opened at $50.22 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The firm has a 50 day moving average of $50.08 and a two-hundred day moving average of $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared 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 was Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.