Prime Capital Investment Advisors LLC Cuts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Prime Capital Investment Advisors LLC lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,935,795 shares of the company’s stock after selling 48,849 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 1.2% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 21st largest holding. Prime Capital Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $96,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Fairway Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $28,000. Lowe Wealth Advisors LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% in the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after acquiring an additional 780 shares in the last quarter. Bogart Wealth LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 41.9% in the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock valued at $47,000 after acquiring an additional 279 shares in the last quarter. Finally, Avalon Trust Co purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $49,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.62 on Friday. The business’s fifty day simple moving average is $50.39 and its 200 day simple moving average is $49.96. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.68.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1398 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, February 2nd.

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.