Westover Capital Advisors LLC Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Westover Capital Advisors LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 47.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,729 shares of the company’s stock after selling 80,751 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 1.0% of Westover Capital Advisors LLC’s portfolio, making the stock its 23rd largest holding. Westover Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,398,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Stephens Inc. AR boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.2% during the 3rd quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock worth $1,852,000 after purchasing an additional 780 shares during the last quarter. Clear Creek Financial Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 11.5% during the 3rd quarter. Clear Creek Financial Management LLC now owns 13,388 shares of the company’s stock worth $684,000 after purchasing an additional 1,381 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 247,188 shares of the company’s stock worth $12,636,000 after purchasing an additional 19,799 shares during the last quarter. Opes Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 8.1% during the 3rd quarter. Opes Wealth Management LLC now owns 37,485 shares of the company’s stock worth $1,916,000 after purchasing an additional 2,795 shares during the last quarter. Finally, Forum Financial Management LP boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 105.4% during the 3rd quarter. Forum Financial Management LP now owns 10,682 shares of the company’s stock worth $546,000 after purchasing an additional 5,482 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.46 on Tuesday. The stock’s 50 day simple moving average is $50.12 and its 200-day simple moving average 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 firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a $0.1317 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

Vanguard Tax-Exempt Bond ETF Company 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.