Private Advisor Group LLC Sells 17,825 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Private Advisor Group LLC lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 194,446 shares of the company’s stock after selling 17,825 shares during the quarter. Private Advisor Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 39.8% during the second quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after purchasing an additional 30,774,028 shares during the last quarter. Corient Private Wealth LLC raised its position in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the last quarter. Sei Investments Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 30.6% during the 2nd quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock worth $647,430,000 after buying an additional 3,094,388 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 4,903.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,984,861 shares of the company’s stock worth $97,318,000 after buying an additional 1,945,188 shares in the last quarter. Finally, TIAA Trust National Association boosted its position in Vanguard Tax-Exempt Bond ETF by 14.4% in the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after buying an additional 1,799,750 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.33 on Thursday. The stock has a fifty day moving average of $50.64 and a 200-day moving average of $50.30. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.