Vanguard Tax-Exempt Bond ETF $VTEB Shares Sold by American National Bank & Trust

American National Bank & Trust trimmed its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,875 shares of the company’s stock after selling 10,035 shares during the period. American National Bank & Trust’s holdings in Vanguard Tax-Exempt Bond ETF were worth $899,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VTEB. Quantum Financial Planning Services Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the fourth quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after purchasing an additional 199 shares during the last quarter. James Investment Research Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the third quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock worth $1,454,000 after buying an additional 200 shares in the last quarter. Litman Gregory Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.6% in the third quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after buying an additional 204 shares during the last quarter. Moseley Investment Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the third quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock worth $505,000 after buying an additional 206 shares during the last quarter. Finally, Truepoint Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 0.5% in the third quarter. Truepoint Inc. now owns 45,804 shares of the company’s stock valued at $2,293,000 after acquiring an additional 215 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.00 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.18. The firm has a 50-day simple moving average of $50.46 and a 200 day simple moving average of $50.37.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1487 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 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.