Jackson Grant Investment Advisers Inc. Has $108,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Jackson Grant Investment Advisers Inc. cut its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 89.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,164 shares of the company’s stock after selling 18,784 shares during the quarter. Jackson Grant Investment Advisers Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $108,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Stratos Wealth Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.3% in the fourth quarter. Stratos Wealth Advisors LLC now owns 76,749 shares of the company’s stock valued at $3,847,000 after buying an additional 1,759 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in Vanguard Tax-Exempt Bond ETF by 41.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 173,408 shares of the company’s stock valued at $8,693,000 after acquiring an additional 51,140 shares during the last quarter. Sargent Investment Group LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 76.0% in the 4th quarter. Sargent Investment Group LLC now owns 30,162 shares of the company’s stock valued at $1,496,000 after acquiring an additional 13,025 shares during the period. Mather Group LLC. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 4th quarter. Mather Group LLC. now owns 962,724 shares of the company’s stock worth $48,261,000 after purchasing an additional 23,398 shares during the last quarter. Finally, Newton One Investments LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the 4th quarter. Newton One Investments LLC now owns 282,210 shares of the company’s stock valued at $14,147,000 after purchasing an additional 14,648 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Thursday. The stock has a 50-day simple moving average of $50.27 and a 200 day simple moving average of $50.54. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.