Aveo Capital Partners LLC Sells 10,764 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Aveo Capital Partners LLC lowered its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 93,613 shares of the company’s stock after selling 10,764 shares during the period. Aveo Capital Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,693,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Howard Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $210,000. Compass Financial Group INC SD grew its position in shares of Vanguard Tax-Exempt Bond ETF by 27.3% during the 4th quarter. Compass Financial Group INC SD now owns 20,091 shares of the company’s stock worth $1,007,000 after purchasing an additional 4,307 shares in the last quarter. Maryland Capital Advisors Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 388.3% during the 4th quarter. Maryland Capital Advisors Inc. now owns 2,295 shares of the company’s stock worth $115,000 after purchasing an additional 1,825 shares in the last quarter. Quadrant Private Wealth Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 24.3% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 15,585 shares of the company’s stock worth $781,000 after purchasing an additional 3,050 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 14.1% during the 4th quarter. Valeo Financial Advisors LLC now owns 174,282 shares of the company’s stock worth $8,737,000 after purchasing an additional 21,572 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.19 on Friday. The company’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $50.52. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.