Vanguard Tax-Exempt Bond ETF $VTEB Stock Holdings Reduced by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 98.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,826 shares of the company’s stock after selling 1,945,035 shares during the period. Laurel Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,994,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Fairway Wealth LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $28,000. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $29,000. Sound Income Strategies LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% in the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after buying an additional 780 shares during the last quarter. Bogart Wealth LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 41.9% in the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after buying an additional 279 shares during the last quarter. Finally, Avalon Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $49,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of VTEB opened at $51.15 on Monday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.18. The company’s fifty day moving average price is $50.59 and its 200 day moving average price is $50.22.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be given a dividend of $0.1487 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend is Monday, March 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.