Goodwin Investment Advisory Lowers Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Goodwin Investment Advisory cut its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,932 shares of the company’s stock after selling 351 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 0.3% of Goodwin Investment Advisory’s holdings, making the stock its 25th largest holding. Goodwin Investment Advisory’s holdings in Vanguard Tax-Exempt Bond ETF were worth $548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Safe Harbor Fiduciary LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Advantage Trust Co acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $48,000. Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $80,000. Finally, New Republic Capital LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.66 on Friday. The business has a fifty day moving average price of $50.11 and a 200 day moving average price of $50.50. 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 firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend is Monday, March 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.