Vestmark Advisory Solutions Inc. Boosts Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Vestmark Advisory Solutions Inc. raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 488.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,941 shares of the company’s stock after acquiring an additional 26,512 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTEB. James Investment Research Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 0.7% in the third quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock worth $1,454,000 after buying an additional 200 shares during the last quarter. Litman Gregory Wealth Management LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.6% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after acquiring an additional 204 shares during the period. Moseley Investment Management Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock worth $505,000 after acquiring an additional 206 shares during the period. FDx Advisors Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 0.4% in the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock worth $2,398,000 after acquiring an additional 218 shares during the last quarter. Finally, Zhang Financial LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.6% in the 2nd quarter. Zhang Financial LLC now owns 13,841 shares of the company’s stock valued at $679,000 after acquiring an additional 224 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

NYSEARCA VTEB opened at $51.03 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.05. The firm’s 50-day simple moving average is $50.53 and its two-hundred day simple moving average is $50.17.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1398 dividend. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, February 2nd.

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.