Flputnam Investment Management Co. Cuts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Flputnam Investment Management Co. lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,854 shares of the company’s stock after selling 847 shares during the period. Flputnam Investment Management Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,602,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Financial Advocates Investment Management lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 34.1% in the 3rd quarter. Financial Advocates Investment Management now owns 15,934 shares of the company’s stock valued at $815,000 after purchasing an additional 4,050 shares during the last quarter. Stephens Inc. AR raised its holdings in Vanguard Tax-Exempt Bond ETF by 2.2% during the 3rd quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock valued at $1,852,000 after buying an additional 780 shares during the period. Principal Securities Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 6.5% during the third quarter. Principal Securities Inc. now owns 115,852 shares of the company’s stock worth $5,922,000 after buying an additional 7,094 shares during the period. Hills Bank & Trust Co purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth $474,000. Finally, Farther Finance Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF by 10.8% during the third quarter. Farther Finance Advisors LLC now owns 72,693 shares of the company’s stock valued at $3,716,000 after acquiring an additional 7,099 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.66 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The firm has a 50-day moving average price of $50.11 and a 200-day moving average price of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be paid a $0.1317 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.