Global Retirement Partners LLC Sells 16,717 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Global Retirement Partners LLC lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 31.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,699 shares of the company’s stock after selling 16,717 shares during the quarter. Global Retirement Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,790,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the period. LPL Financial LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after acquiring an additional 433,676 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after purchasing an additional 219,309 shares during the last quarter. Finally, US Bancorp DE boosted its position in Vanguard Tax-Exempt Bond ETF by 1.2% during the third quarter. US Bancorp DE now owns 3,416,227 shares of the company’s stock valued at $174,637,000 after purchasing an additional 41,437 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.22 on Friday. The company has a 50-day simple moving average of $50.08 and a two-hundred day simple moving average of $50.51. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one 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. Investors of record on Monday, February 3rd were paid a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.