Vanguard Tax-Exempt Bond ETF $VTEB Stock Holdings Lessened by Garde Capital Inc.

Garde Capital Inc. lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 853,000 shares of the company’s stock after selling 38,404 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.1% of Garde Capital Inc.’s holdings, making the stock its 11th biggest position. Garde Capital Inc. owned 0.11% of Vanguard Tax-Exempt Bond ETF worth $42,710,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPL Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $25,000. Fairway Wealth LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $28,000. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. United Financial Planning Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $37,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.27 on Thursday. The stock has a fifty day moving average price of $50.63 and a 200 day moving average price of $50.35. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month 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. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1487 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, March 2nd.

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.