Keel Point LLC Sells 1,966 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Keel Point LLC lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,958 shares of the company’s stock after selling 1,966 shares during the quarter. Keel Point LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $355,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. HM Payson & Co. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $32,000. Headlands Technologies LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $39,000. Planned Solutions Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $45,000. Fifth Third Bancorp increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1,612.5% during the third quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock worth $46,000 after acquiring an additional 903 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $60,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.90 on Wednesday. The business has a fifty day simple moving average of $50.51 and a 200 day simple moving average of $49.90. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.15.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.1279 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.