SlateStone Wealth LLC Purchases 35,062 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

SlateStone Wealth LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 264.6% in the 3rd quarter, Holdings Channel reports. The firm owned 48,314 shares of the company’s stock after acquiring an additional 35,062 shares during the period. SlateStone Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,419,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Fairway Wealth LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $28,000. Lowe Wealth Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% during the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after purchasing an additional 780 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 41.9% during the 3rd quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock valued at $47,000 after purchasing an additional 279 shares during the last quarter. Finally, Avalon Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $49,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock traded up $0.02 during mid-day trading on Friday, reaching $50.64. The company had a trading volume of 250,582 shares, compared to its average volume of 8,047,941. The business has a fifty day simple moving average of $50.39 and a 200 day simple moving average of $49.96. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $50.68.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

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

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.