Blume Capital Management Inc. Sells 89,975 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Blume Capital Management Inc. lessened its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 58.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 64,600 shares of the company’s stock after selling 89,975 shares during the period. Blume Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. New York Life Investment Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 15.1% during the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock worth $42,865,000 after acquiring an additional 112,023 shares during the period. Sunesis Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $2,572,000. Roman Butler Fullerton & Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 29.8% during the third quarter. Roman Butler Fullerton & Co. now owns 13,318 shares of the company’s stock valued at $673,000 after acquiring an additional 3,059 shares during the period. Caliber Wealth Management LLC KS raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.5% in the 3rd quarter. Caliber Wealth Management LLC KS now owns 127,152 shares of the company’s stock valued at $6,366,000 after acquiring an additional 4,322 shares in the last quarter. Finally, Windward Private Wealth Management Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 27.6% in the 3rd quarter. Windward Private Wealth Management Inc. now owns 7,301 shares of the company’s stock valued at $366,000 after acquiring an additional 1,579 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.65 on Monday. The stock’s 50 day simple moving average is $50.39 and its 200-day simple moving average is $50.00. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $50.68.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm 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 was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%.

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.