Capital Investment Services of America Inc. Trims Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Capital Investment Services of America Inc. lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 119,380 shares of the company’s stock after selling 4,300 shares during the period. Capital Investment Services of America Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,985,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares during the last quarter. Raymond James & Associates increased its stake in Vanguard Tax-Exempt Bond ETF by 0.4% during the third quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after acquiring an additional 75,969 shares during the last quarter. Franklin Resources Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after acquiring an additional 818,486 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after purchasing an additional 433,676 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after purchasing an additional 219,309 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.36 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a 50 day moving average price of $50.27 and a 200 day moving average price of $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1317 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.