Eldridge Investment Advisors Inc. Cuts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Eldridge Investment Advisors Inc. lessened its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 35.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,428 shares of the company’s stock after selling 12,238 shares during the period. Eldridge Investment Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,124,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Advantage Trust Co purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $42,000. Cromwell Holdings LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $48,000. Peterson Wealth Services purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $80,000. Finally, New Republic Capital LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $83,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $49.76 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The company has a 50 day simple moving average of $50.11 and a two-hundred day simple moving average of $50.45.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

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.