Stewardship Advisors LLC Decreases Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Stewardship Advisors LLC cut its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 27.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 184,301 shares of the company’s stock after selling 69,099 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 2.1% of Stewardship Advisors LLC’s investment portfolio, making the stock its 13th largest position. Stewardship Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,269,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. GEN Financial Management INC. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.8% in the fourth quarter. GEN Financial Management INC. now owns 40,842 shares of the company’s stock valued at $2,054,000 after purchasing an additional 2,222 shares during the period. Motive Wealth Advisors grew its position in Vanguard Tax-Exempt Bond ETF by 0.5% during the fourth quarter. Motive Wealth Advisors now owns 65,554 shares of the company’s stock worth $3,297,000 after buying an additional 318 shares during the period. LifeGoal Investments LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 147.3% in the fourth quarter. LifeGoal Investments LLC now owns 21,801 shares of the company’s stock valued at $1,096,000 after buying an additional 12,986 shares in the last quarter. McGlone Suttner Wealth Management Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 7.6% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 27,711 shares of the company’s stock valued at $1,394,000 after buying an additional 1,966 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 11.3% during the 4th quarter. Brookstone Capital Management now owns 506,744 shares of the company’s stock valued at $25,484,000 after acquiring an additional 51,388 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $49.77 on Tuesday. The business’s 50 day simple moving average is $50.50 and its 200-day simple moving average is $50.38. 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 disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1487 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend 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.