Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Cut by First Allied Advisory Services Inc.

First Allied Advisory Services Inc. lessened its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,858 shares of the company’s stock after selling 429 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $605,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. WEALTHFRONT Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 21.1% in the 3rd quarter. WEALTHFRONT Corp now owns 11,577,146 shares of the company’s stock worth $584,762,000 after purchasing an additional 2,019,784 shares during the period. Raymond James & Associates boosted its holdings in Vanguard Tax-Exempt Bond ETF by 6.5% during the 4th quarter. Raymond James & Associates now owns 5,337,111 shares of the company’s stock valued at $272,459,000 after acquiring an additional 323,389 shares during the period. Envestnet Asset Management Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $106,061,000. Bank of America Corp DE boosted its holdings in Vanguard Tax-Exempt Bond ETF by 56.1% during the 4th quarter. Bank of America Corp DE now owns 1,956,165 shares of the company’s stock valued at $99,863,000 after acquiring an additional 703,109 shares during the period. Finally, Jane Street Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 19,265.2% during the 3rd quarter. Jane Street Group LLC now owns 1,411,918 shares of the company’s stock valued at $71,316,000 after acquiring an additional 1,404,627 shares during the period.

VTEB traded up $0.11 during trading hours on Wednesday, reaching $52.15. 539,851 shares of the company’s stock traded hands, compared to its average volume of 570,519. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.85 and a 52-week high of $52.22.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1063 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.28 dividend on an annualized basis and a yield of 2.45%. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.10.

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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