Assetmark Inc. Has $17.05 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Assetmark Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 340,441 shares of the company’s stock after buying an additional 26,615 shares during the period. Assetmark Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $17,046,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. James Investment Research Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the 3rd quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock worth $1,454,000 after purchasing an additional 200 shares during the last quarter. Litman Gregory Wealth Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 4.6% during 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. lifted its position 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. FDx Advisors Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock worth $2,398,000 after acquiring an additional 218 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock valued at $3,135,000 after acquiring an additional 221 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.84 on Friday. The stock has a 50-day simple moving average of $50.44 and a 200 day simple moving average of $50.06. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $50.92.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders 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) dividend on an annualized basis and a 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.