Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Lowered by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC trimmed its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 23.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,600 shares of the company’s stock after selling 39,500 shares during the period. Ocean Park Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,346,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $516,000. CVA Family Office LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 40.7% during the third quarter. CVA Family Office LLC now owns 7,545 shares of the company’s stock valued at $386,000 after buying an additional 2,183 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $81,000. Rise Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after acquiring an additional 771 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 21,643 shares of the company’s stock valued at $1,106,000 after acquiring an additional 2,733 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.24 on Tuesday. The stock’s 50 day simple moving average is $50.23 and its 200 day simple moving average is $50.53. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid 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 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.