Earned Wealth Advisors LLC Sells 33,198 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Earned Wealth Advisors LLC lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 232,126 shares of the company’s stock after selling 33,198 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.2% of Earned Wealth Advisors LLC’s portfolio, making the stock its 18th largest holding. Earned Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,674,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wellington Management Group LLP bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $347,641,000. Betterment LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% during the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after acquiring an additional 6,090,513 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 87.6% during the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after acquiring an additional 3,458,654 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 49.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after purchasing an additional 3,187,040 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 30.6% during the second quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock worth $647,430,000 after purchasing an additional 3,094,388 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $49.91 on Thursday. The company’s 50 day moving average is $50.48 and its 200 day moving average is $50.38. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1487 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.