Sepio Capital LP Lowers Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sepio Capital LP lessened its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,246 shares of the company’s stock after selling 7,013 shares during the period. Sepio Capital LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,173,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Oarsman Capital Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $28,000. Nemes Rush Group LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,238.3% during the fourth quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock valued at $32,000 after buying an additional 582 shares during the period. Advantage Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Cromwell Holdings LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $48,000. Finally, Millstone Evans Group LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $57,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.85 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.17. The stock’s 50-day moving average is $50.04 and its 200-day moving average is $50.33.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued 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 of this dividend was Tuesday, April 1st.

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.