C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Cuts Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,800 shares of the company’s stock after selling 9,028 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Vanguard Tax-Exempt Bond ETF were worth $5,153,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $29,000. Bogart Wealth LLC grew its stake 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 acquiring an additional 559 shares during the last quarter. Peterson Wealth Services purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $80,000. New Republic Capital LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $83,000. Finally, Eastern Bank bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $86,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:VTEB opened at $50.19 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock’s fifty day moving average price is $50.14 and its 200-day moving average price is $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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