JNBA Financial Advisors Sells 11,586 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

JNBA Financial Advisors trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 123,196 shares of the company’s stock after selling 11,586 shares during the quarter. JNBA Financial Advisors’ holdings in Vanguard Tax-Exempt Bond ETF were worth $6,176,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Bogart Wealth LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the last quarter. Peterson Wealth Services purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $80,000. New Republic Capital LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $83,000. Finally, Eastern Bank purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $86,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.19 on Friday. The business has a fifty day moving average of $50.14 and a 200 day moving average of $50.52. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.