Watchman Group Inc. Decreases Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Watchman Group Inc. reduced its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,459 shares of the company’s stock after selling 828 shares during the quarter. Watchman Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,379,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Citigroup Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.9% during the third quarter. Citigroup Inc. now owns 91,122 shares of the company’s stock worth $4,658,000 after purchasing an additional 3,446 shares during the last quarter. Fisher Asset Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 15.9% during the third quarter. Fisher Asset Management LLC now owns 46,915 shares of the company’s stock worth $2,398,000 after buying an additional 6,444 shares during the period. D.A. Davidson & CO. lifted its stake in Vanguard Tax-Exempt Bond ETF by 97.2% in the third quarter. D.A. Davidson & CO. now owns 9,301 shares of the company’s stock valued at $475,000 after buying an additional 4,584 shares during the last quarter. Financial Counselors Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the third quarter. Financial Counselors Inc. now owns 38,850 shares of the company’s stock valued at $1,986,000 after acquiring an additional 2,789 shares during the period. Finally, Rockefeller Capital Management L.P. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the third quarter. Rockefeller Capital Management L.P. now owns 164,029 shares of the company’s stock worth $8,377,000 after acquiring an additional 6,468 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.6 %

VTEB stock opened at $49.54 on Friday. The company has a fifty day moving average price of $50.06 and a 200 day moving average price of $50.37. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid 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 was Monday, March 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.