James Investment Research Inc. Has $1.40 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

James Investment Research Inc. lessened its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 35.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,854 shares of the company’s stock after selling 15,591 shares during the period. James Investment Research Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,396,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VTEB. Claro Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 30.6% during the third quarter. Claro Advisors LLC now owns 21,682 shares of the company’s stock valued at $1,108,000 after purchasing an additional 5,075 shares during the last quarter. Orgel Wealth Management LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.9% during the third quarter. Orgel Wealth Management LLC now owns 2,488,119 shares of the company’s stock valued at $127,193,000 after purchasing an additional 394,907 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.5% during the third quarter. Kohmann Bosshard Financial Services LLC now owns 16,071 shares of the company’s stock valued at $822,000 after purchasing an additional 974 shares during the last quarter. Precedent Wealth Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.7% during the third quarter. Precedent Wealth Partners LLC now owns 21,693 shares of the company’s stock valued at $1,109,000 after purchasing an additional 2,772 shares during the last quarter. Finally, Net Worth Advisory Group bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $298,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17. The company’s 50 day simple moving average is $50.14 and its 200-day simple moving average is $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.