Financial Engines Advisors L.L.C. Decreases Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Engines Advisors L.L.C. reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 797,994 shares of the company’s stock after selling 11,288 shares during the period. Financial Engines Advisors L.L.C. owned 0.12% of Vanguard Tax-Exempt Bond ETF worth $40,003,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VTEB. SwitchPoint Financial Planning LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $1,893,000. UNIVEST FINANCIAL Corp boosted its stake in Vanguard Tax-Exempt Bond ETF by 85.1% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 110,602 shares of the company’s stock worth $5,544,000 after purchasing an additional 50,851 shares during the last quarter. Journey Beyond Wealth LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $1,749,000. Mosaic Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the fourth quarter. Mosaic Advisors LLC now owns 67,056 shares of the company’s stock valued at $3,361,000 after buying an additional 387 shares during the last quarter. Finally, PKS Advisory Services LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $541,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $49.59 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The firm’s 50-day moving average price is $50.09 and its 200 day moving average price is $50.40.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

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.