MAI Capital Management Has $5.78 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

MAI Capital Management grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 115,406 shares of the company’s stock after acquiring an additional 15,883 shares during the period. MAI Capital Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,778,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. James Investment Research Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the 3rd quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock worth $1,454,000 after purchasing an additional 200 shares during the period. Litman Gregory Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 4.6% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after acquiring an additional 204 shares during the period. Moseley Investment Management Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% during the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock worth $505,000 after acquiring an additional 206 shares during the period. FDx Advisors Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock worth $2,398,000 after acquiring an additional 218 shares in the last quarter. Finally, NewSquare Capital LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.7% during the 2nd quarter. NewSquare Capital LLC now owns 13,298 shares of the company’s stock valued at $652,000 after purchasing an additional 226 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

NYSEARCA:VTEB opened at $51.13 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.14. The company has a fifty day moving average of $50.57 and a 200-day moving average of $50.19.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.1398 dividend. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.