Goodwin Investment Advisory Sells 7,584 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Goodwin Investment Advisory lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 32.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,118 shares of the company’s stock after selling 7,584 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 0.4% of Goodwin Investment Advisory’s portfolio, making the stock its 20th biggest position. Goodwin Investment Advisory’s holdings in Vanguard Tax-Exempt Bond ETF were worth $823,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTEB. Stone Point Wealth LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 2.4% in the 4th quarter. Stone Point Wealth LLC now owns 30,390 shares of the company’s stock worth $1,551,000 after acquiring an additional 723 shares in the last quarter. Mariner LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% during the 3rd quarter. Mariner LLC now owns 2,597,673 shares of the company’s stock valued at $124,948,000 after buying an additional 135,766 shares in the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 48,712 shares of the company’s stock valued at $2,312,000 after buying an additional 2,063 shares in the last quarter. Gradient Investments LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 270.3% in the 3rd quarter. Gradient Investments LLC now owns 3,662 shares of the company’s stock worth $176,000 after buying an additional 2,673 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.3% in the 3rd quarter. Allworth Financial LP now owns 374,061 shares of the company’s stock worth $17,992,000 after acquiring an additional 49,642 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

NYSEARCA:VTEB traded up $0.01 during mid-day trading on Wednesday, hitting $49.91. 4,781,625 shares of the company’s stock were exchanged, compared to its average volume of 4,219,764. Vanguard Tax-Exempt Bond ETF has a one year low of $47.14 and a one year high of $51.15. The business has a fifty day moving average price of $50.51 and a 200 day moving average price of $49.90.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a $0.1279 dividend. The ex-dividend date was Monday, April 1st.

About Vanguard Tax-Exempt Bond ETF

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.