Passive Capital Management LLC. Has $32.83 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Passive Capital Management LLC. lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 654,869 shares of the company’s stock after selling 26,583 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 11.6% of Passive Capital Management LLC.’s portfolio, making the stock its 3rd biggest position. Passive Capital Management LLC. owned approximately 0.10% of Vanguard Tax-Exempt Bond ETF worth $32,829,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust raised its holdings in Vanguard Tax-Exempt Bond ETF by 25.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,040 shares of the company’s stock worth $203,000 after buying an additional 812 shares during the period. Hilltop Partners LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 10.5% during the fourth quarter. Hilltop Partners LLC now owns 36,874 shares of the company’s stock worth $1,849,000 after acquiring an additional 3,503 shares in the last quarter. Linscomb Wealth Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the fourth quarter. Linscomb Wealth Inc. now owns 50,261 shares of the company’s stock worth $2,520,000 after acquiring an additional 6,336 shares during the period. Proficio Capital Partners LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $1,742,000. Finally, Oppenheimer & Co. Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 2.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 12,326 shares of the company’s stock worth $618,000 after purchasing an additional 247 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.52 on Friday. The business’s 50-day moving average price is $50.10 and its two-hundred day moving average price is $50.50. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year 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 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 was Monday, February 3rd.

Vanguard Tax-Exempt Bond ETF Company 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.