Transcend Capital Advisors LLC Has $2.70 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Transcend Capital Advisors LLC trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,848 shares of the company’s stock after selling 965 shares during the period. Transcend Capital Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,699,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VTEB. Merkkuri Wealth Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after purchasing an additional 202 shares during the period. FSC Wealth Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during 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 in the last quarter. Cypress Wealth Services LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during 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 in the last quarter. Family Investment Center Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during 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 in the last quarter. Finally, Allen Capital Group LLC boosted 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 worth $299,000 after acquiring an additional 227 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

NYSEARCA VTEB opened at $50.22 on Friday. The firm’s 50 day simple moving average is $50.08 and its 200 day simple moving average is $50.51. 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 declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.1317 per share. This is a positive change 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 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.