San Luis Wealth Advisors LLC Sells 11,786 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

San Luis Wealth Advisors LLC decreased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.2% in the 3rd quarter, Holdings Channel reports. The firm owned 268,124 shares of the company’s stock after selling 11,786 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 2.3% of San Luis Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. San Luis Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,425,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. JPL Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $25,000. Fairway Wealth LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $28,000. Lowe Wealth Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $37,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.34 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.18. The stock’s 50-day moving average price is $50.64 and its 200 day moving average price is $50.35.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1487 dividend. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

About Vanguard Tax-Exempt Bond ETF

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.