Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by MMA Asset Management LLC

MMA Asset Management LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 44.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,260 shares of the company’s stock after selling 13,604 shares during the quarter. MMA Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $865,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% during the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after acquiring an additional 46,219 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $103,000. D.A. Davidson & CO. increased its stake in Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after buying an additional 1,116 shares during the period. Eclectic Associates Inc. ADV increased its stake in Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after buying an additional 972 shares during the period. Finally, Souders Financial Advisors increased its stake in Vanguard Tax-Exempt Bond ETF by 1.1% during the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock worth $1,414,000 after buying an additional 295 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.66 on Friday. The company has a 50-day moving average of $50.11 and a 200-day moving average of $50.50. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase 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.