Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.0% in the 4th quarter, HoldingsChannel reports. The firm owned 538,402 shares of the company’s stock after selling 11,166 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 2.5% of Nicolet Advisory Services LLC’s portfolio, making the stock its 5th biggest position. Nicolet Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $26,764,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Nemes Rush Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,238.3% during the fourth quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock valued at $32,000 after acquiring an additional 582 shares in the last quarter. Advantage Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $48,000. Finally, Millstone Evans Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $57,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $49.54 on Thursday. The firm has a fifty day simple moving average of $50.04 and a two-hundred day simple moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be issued a $0.1317 dividend. The ex-dividend date is Tuesday, April 1st. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.