Element Pointe Advisors LLC Has $4.32 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Element Pointe Advisors LLC decreased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,224 shares of the company’s stock after selling 12,443 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.9% of Element Pointe Advisors LLC’s portfolio, making the stock its 18th biggest holding. Element Pointe Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,317,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Fairway Wealth LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $28,000. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $29,000. Sound Income Strategies LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% during the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after purchasing an additional 780 shares in the last quarter. Bogart Wealth LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 41.9% during the 3rd quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after purchasing an additional 279 shares in the last quarter. Finally, Avalon Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at about $49,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.57 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.18. The company’s 50-day moving average price is $50.62 and its two-hundred day moving average price is $50.25.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1487 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.