Bristlecone Advisors LLC Lowers Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Bristlecone Advisors LLC decreased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,110 shares of the company’s stock after selling 1,844 shares during the quarter. Bristlecone Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,121,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VTEB. Elser Financial Planning Inc purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $418,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $833,000. Vested Financial Planning LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $4,274,000. Savant Capital LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.4% during the 4th quarter. Savant Capital LLC now owns 1,246,122 shares of the company’s stock worth $62,468,000 after purchasing an additional 137,438 shares during the last quarter. Finally, Luminvest Wealth Management LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 16.8% in the fourth quarter. Luminvest Wealth Management LLC now owns 435,437 shares of the company’s stock worth $21,828,000 after purchasing an additional 62,737 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

NYSEARCA VTEB opened at $50.23 on Monday. The firm’s fifty day simple moving average is $50.23 and its two-hundred day simple moving average is $50.53. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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.