Roberts Glore & Co. Inc. IL Cuts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Roberts Glore & Co. Inc. IL trimmed its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 205,793 shares of the company’s stock after selling 12,330 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 3.1% of Roberts Glore & Co. Inc. IL’s holdings, making the stock its 5th biggest holding. Roberts Glore & Co. Inc. IL’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,316,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Tilson Financial Group Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 57.3% in the 4th quarter. Tilson Financial Group Inc. now owns 210,846 shares of the company’s stock worth $10,570,000 after acquiring an additional 76,813 shares in the last quarter. Kendall Capital Management bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $441,000. Axis Wealth Partners LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $255,000. Dorsey & Whitney Trust CO LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 26.3% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 150,251 shares of the company’s stock worth $7,532,000 after acquiring an additional 31,276 shares in the last quarter. Finally, Rialto Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $1,823,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.07 on Friday. The company’s 50-day simple moving average is $50.14 and its two-hundred day simple moving average is $50.48. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1317 dividend. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

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.