Jackson Grant Investment Advisers Inc. Sells 18,784 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Jackson Grant Investment Advisers Inc. reduced its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 89.7% during the 4th quarter, Holdings Channel reports. The fund owned 2,164 shares of the company’s stock after selling 18,784 shares during the period. Jackson Grant Investment Advisers Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $108,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VTEB. Charles Schwab Investment Management Inc. increased 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 acquiring an additional 1,003,475 shares during the period. Raymond James & Associates grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after purchasing an additional 75,969 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the third 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. LPL Financial LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after purchasing an additional 433,676 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock valued at $192,395,000 after buying an additional 219,309 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.36 on Thursday. The business’s 50 day simple moving average is $50.27 and its 200 day simple moving average is $50.54. 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 business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1317 per share. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, February 3rd.

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.