Acorn Wealth Advisors LLC Cuts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Acorn Wealth Advisors LLC decreased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 24.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,612 shares of the company’s stock after selling 1,800 shares during the period. Acorn Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VTEB. Captrust Financial Advisors raised its position in Vanguard Tax-Exempt Bond ETF by 18.6% during the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after purchasing an additional 46,219 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $103,000. Eclectic Associates Inc. ADV increased its position in shares of 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 valued at $962,000 after purchasing an additional 972 shares during the last quarter. Souders Financial Advisors raised its holdings in shares of 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 valued at $1,414,000 after buying an additional 295 shares in the last quarter. Finally, Cherry Tree Wealth Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 5.7% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 80,052 shares of the company’s stock worth $4,013,000 after buying an additional 4,311 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.4 %

Shares of VTEB opened at $50.54 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock has a 50 day simple moving average of $50.08 and a two-hundred day simple moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF 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.