SouthState Bank Corp Sells 17,819 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

SouthState Bank Corp decreased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 55.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,239 shares of the company’s stock after selling 17,819 shares during the period. SouthState Bank Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $713,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. James Investment Research Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the third quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock valued at $1,454,000 after buying an additional 200 shares during the last quarter. Litman Gregory Wealth Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.6% in the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after purchasing an additional 204 shares in the last quarter. Moseley Investment Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 2.1% during the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock worth $505,000 after purchasing an additional 206 shares during the last quarter. FDx Advisors Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 0.4% during the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock valued at $2,398,000 after purchasing an additional 218 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 0.3% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock valued at $3,135,000 after purchasing an additional 221 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

NYSEARCA VTEB opened at $50.62 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.68. The company has a fifty day simple moving average of $50.39 and a two-hundred day simple moving average of $49.96.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1398 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

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.