Washington Trust Advisors Inc. Boosts Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Washington Trust Advisors Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 203.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 173,897 shares of the company’s stock after acquiring an additional 116,502 shares during the period. Washington Trust Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,707,000 as of its most recent SEC filing.

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

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

NYSEARCA VTEB opened at $50.93 on Monday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.94. The company’s fifty day moving average price is $50.51 and its two-hundred day moving average price is $50.14.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently declared 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.