Jordan Park Group LLC Sells 64,597 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Jordan Park Group LLC cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 415,842 shares of the company’s stock after selling 64,597 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.1% of Jordan Park Group LLC’s portfolio, making the stock its 16th biggest position. Jordan Park Group LLC owned 0.05% of Vanguard Tax-Exempt Bond ETF worth $20,821,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of VTEB. Jane Street Group LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% in the 1st quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after acquiring an additional 175,676 shares in the last quarter. GC Wealth Management RIA LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 104.7% during the second quarter. GC Wealth Management RIA LLC now owns 8,313 shares of the company’s stock worth $408,000 after purchasing an additional 4,251 shares during the period. HB Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 51.8% in the second quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock worth $1,085,000 after purchasing an additional 7,552 shares in the last quarter. Trust Co. of Vermont lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.8% in the second quarter. Trust Co. of Vermont now owns 14,619 shares of the company’s stock valued at $717,000 after buying an additional 539 shares during the period. Finally, Naples Global Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 0.6% in the second quarter. Naples Global Advisors LLC now owns 38,808 shares of the company’s stock valued at $1,903,000 after buying an additional 250 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

Shares of VTEB stock opened at $50.52 on Friday. The firm has a 50 day moving average of $50.38 and a 200-day moving average of $49.90. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $50.68.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.1398 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is 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.