Patron Partners LLC Decreases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Patron Partners LLC lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.2% during the 4th quarter, Holdings Channel reports. The firm owned 15,242 shares of the company’s stock after selling 500 shares during the period. Patron Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $764,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares during the period. Franklin Resources Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares during the period. Astoria Strategic Wealth Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $33,647,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 35.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock valued at $104,367,000 after purchasing an additional 535,526 shares during the period. Finally, One Wealth Advisors LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $23,802,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of VTEB stock opened at $50.07 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The business’s fifty day moving average is $50.30 and its 200 day moving average is $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be given a $0.1317 dividend. The ex-dividend date is Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.