Aprio Wealth Management LLC Sells 30,411 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Aprio Wealth Management LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 15.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 171,979 shares of the company’s stock after selling 30,411 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.9% of Aprio Wealth Management LLC’s portfolio, making the stock its 24th largest position. Aprio Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,611,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Jane Street Group LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 1,498.4% in the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after buying an additional 175,676 shares during the period. Arkadios Wealth Advisors grew its holdings in Vanguard Tax-Exempt Bond ETF by 10.0% during the 2nd quarter. Arkadios Wealth Advisors now owns 19,954 shares of the company’s stock worth $978,000 after acquiring an additional 1,810 shares during the period. Assetmark Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 484.2% during the 2nd quarter. Assetmark Inc. now owns 313,826 shares of the company’s stock valued at $15,387,000 after acquiring an additional 260,106 shares during the last quarter. Pinnacle Associates Ltd. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 39.2% in the 2nd quarter. Pinnacle Associates Ltd. now owns 106,998 shares of the company’s stock valued at $5,246,000 after purchasing an additional 30,115 shares during the period. Finally, IFG Advisory LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 37.8% in the 2nd quarter. IFG Advisory LLC now owns 28,527 shares of the company’s stock valued at $1,399,000 after purchasing an additional 7,823 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $51.15 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.18. The stock’s fifty day simple moving average is $50.59 and its 200-day simple moving average is $50.21.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be given a $0.1487 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.