Wealth Alliance LLC Has $3.65 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Wealth Alliance LLC cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 72,961 shares of the company’s stock after selling 21,735 shares during the quarter. Wealth Alliance LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,653,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC increased its position in Vanguard Tax-Exempt Bond ETF by 1,498.4% during the 1st quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after purchasing an additional 175,676 shares in the last quarter. Stephens Inc. AR grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 29.4% during the second quarter. Stephens Inc. AR now owns 48,435 shares of the company’s stock worth $2,375,000 after buying an additional 11,006 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 65.8% during the second quarter. D.A. Davidson & CO. now owns 17,142 shares of the company’s stock worth $840,000 after buying an additional 6,801 shares in the last quarter. Exencial Wealth Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 32.3% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 93,732 shares of the company’s stock valued at $4,596,000 after acquiring an additional 22,872 shares during the last quarter. Finally, Sonata Capital Group Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.9% during the 2nd quarter. Sonata Capital Group Inc. now owns 60,280 shares of the company’s stock valued at $2,956,000 after acquiring an additional 1,100 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.92 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $50.92. The stock’s fifty day simple moving average is $50.49 and its 200 day simple moving average is $50.11.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

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

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.