Maia Wealth LLC Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Maia Wealth LLC cut its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 41.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,758 shares of the company’s stock after selling 21,832 shares during the period. Maia Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,545,000 as of its most recent filing with the SEC.

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

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.66 on Friday. The company’s fifty day moving average price is $50.11 and its 200 day moving average price is $50.50. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend is Monday, March 3rd.

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.