JFS Wealth Advisors LLC Trims Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

JFS Wealth Advisors LLC lowered its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 771,072 shares of the company’s stock after selling 42,955 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 2.3% of JFS Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position. JFS Wealth Advisors LLC owned 0.10% of Vanguard Tax-Exempt Bond ETF worth $38,608,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Prestige Wealth Management Group LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 28,513 shares of the company’s stock worth $1,428,000 after acquiring an additional 4,395 shares in the last quarter. Aspen Wealth Strategies LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 15.6% during the third quarter. Aspen Wealth Strategies LLC now owns 12,454 shares of the company’s stock worth $624,000 after acquiring an additional 1,678 shares in the last quarter. Jacobson & Schmitt Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% in the third quarter. Jacobson & Schmitt Advisors LLC now owns 194,675 shares of the company’s stock worth $9,747,000 after purchasing an additional 9,036 shares during the period. Lutz Financial Services LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the third quarter. Lutz Financial Services LLC now owns 1,335,724 shares of the company’s stock valued at $66,880,000 after purchasing an additional 76,494 shares in the last quarter. Finally, First Heartland Consultants Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 80.1% during the third quarter. First Heartland Consultants Inc. now owns 16,115 shares of the company’s stock valued at $807,000 after purchasing an additional 7,166 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

VTEB stock opened at $51.03 on Wednesday. The firm has a 50 day moving average price of $50.53 and a 200-day moving average price of $50.17. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.05.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

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

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.