Sincerus Advisory LLC Invests $2 Million in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sincerus Advisory LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 39,888 shares of the company’s stock, valued at approximately $2,000,000. Vanguard Tax-Exempt Bond ETF accounts for 2.1% of Sincerus Advisory LLC’s investment portfolio, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $29,000. Advantage Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Cromwell Holdings LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $48,000. Peterson Wealth Services purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $80,000. Finally, New Republic Capital LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.54 on Wednesday. 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 simple moving average of $50.08 and a 200-day simple moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 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 was Monday, February 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.