Bleakley Financial Group LLC Sells 55,342 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Bleakley Financial Group LLC trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,102,465 shares of the company’s stock after selling 55,342 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 1.3% of Bleakley Financial Group LLC’s holdings, making the stock its 16th biggest holding. Bleakley Financial Group LLC owned 0.14% of Vanguard Tax-Exempt Bond ETF worth $55,200,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VTEB. Jane Street Group LLC increased its position in Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after acquiring an additional 175,676 shares during the period. D.A. Davidson & CO. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 65.8% during the 2nd quarter. D.A. Davidson & CO. now owns 17,142 shares of the company’s stock worth $840,000 after purchasing an additional 6,801 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 53.2% during the second quarter. Focus Partners Advisor Solutions LLC now owns 67,162 shares of the company’s stock worth $3,293,000 after purchasing an additional 23,326 shares during the period. TSA Wealth Managment LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 19.1% during the second quarter. TSA Wealth Managment LLC now owns 32,372 shares of the company’s stock worth $1,587,000 after purchasing an additional 5,193 shares during the period. Finally, Brighton Jones LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at approximately $387,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.93 on Friday. The business’s 50 day simple moving average is $50.51 and its 200 day simple moving average is $50.14. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $50.94.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

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

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.