Hendershot Investments Inc. Lowers Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hendershot Investments Inc. trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 69.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,305 shares of the company’s stock after selling 7,634 shares during the quarter. Hendershot Investments Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $166,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VTEB. AQR Capital Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at $516,000. Brewster Financial Planning LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 38.1% during the third quarter. Brewster Financial Planning LLC now owns 13,012 shares of the company’s stock valued at $665,000 after purchasing an additional 3,590 shares in the last quarter. Sanibel Captiva Trust Company Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 29.0% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 54,180 shares of the company’s stock worth $2,770,000 after purchasing an additional 12,170 shares during the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the third quarter. Pinnacle Bancorp Inc. now owns 32,896 shares of the company’s stock worth $1,682,000 after purchasing an additional 1,289 shares during the last quarter. Finally, Agate Pass Investment Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. Agate Pass Investment Management LLC now owns 12,898 shares of the company’s stock worth $659,000 after buying an additional 1,242 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.23 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The business has a 50 day simple moving average of $50.25 and a two-hundred day simple moving average of $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1317 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.