Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. cut its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 50.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,000 shares of the company’s stock after selling 4,000 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. FSC Wealth Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after purchasing an additional 216 shares during the period. Cypress Wealth Services LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after acquiring an additional 223 shares during the period. Family Investment Center Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after acquiring an additional 223 shares during the period. Allen Capital Group LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after acquiring an additional 227 shares during the period. Finally, Lpwm LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the fourth quarter. Lpwm LLC now owns 16,792 shares of the company’s stock worth $842,000 after acquiring an additional 245 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.78 on Friday. The firm has a 50-day simple moving average of $50.09 and a two-hundred day simple moving average of $50.42. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1317 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase 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.