Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Sold by Blume Capital Management Inc.

Blume Capital Management Inc. trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 182,145 shares of the company’s stock after selling 22,900 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.0% of Blume Capital Management Inc.’s portfolio, making the stock its 21st biggest position. Blume Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,131,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $29,000. Advantage Trust Co purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Cromwell Holdings LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $48,000. Peterson Wealth Services purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $80,000. Finally, New Republic Capital LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $83,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $49.73 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The stock’s 50-day moving average is $50.11 and its two-hundred day moving average is $50.46.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1317 dividend. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

About Vanguard Tax-Exempt Bond ETF

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.