Certus Wealth Management LLC Decreases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Certus Wealth Management LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 35.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,290 shares of the company’s stock after selling 6,892 shares during the period. Certus Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $617,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. FSC Wealth Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after purchasing an additional 216 shares during the period. Cypress Wealth Services LLC grew its position in Vanguard Tax-Exempt Bond ETF by 0.7% in the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after purchasing an additional 223 shares during the period. Family Investment Center Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 4.1% in the 4th quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after purchasing an additional 223 shares during the period. Allen Capital Group LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after acquiring an additional 227 shares during the period. Finally, Lpwm LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the 4th quarter. Lpwm LLC now owns 16,792 shares of the company’s stock valued at $842,000 after acquiring an additional 245 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $49.81 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a fifty day moving average price of $50.09 and a 200-day moving average price of $50.43.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.