JFS Wealth Advisors LLC Lowers Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

JFS Wealth Advisors LLC trimmed its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 771,072 shares of the company’s stock after selling 42,955 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 2.3% of JFS Wealth Advisors LLC’s holdings, making the stock its 11th biggest holding. JFS Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $38,608,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Eclectic Associates Inc. ADV boosted its stake in Vanguard Tax-Exempt Bond ETF by 89.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock valued at $2,547,000 after purchasing an additional 24,014 shares during the last quarter. Allen Capital Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 178.5% during the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after purchasing an additional 16,255 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,681.1% during the third quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock valued at $29,747,000 after buying an additional 560,755 shares during the last quarter. New York Life Investment Management LLC boosted its position in shares of 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 valued at $42,865,000 after buying an additional 112,023 shares during the last quarter. Finally, Compound Planning Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 16.2% in the 3rd quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after buying an additional 46,505 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $51.03 on Wednesday. The company’s 50-day simple moving average is $50.53 and its two-hundred day simple moving average is $50.17. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.05.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.1398 per share. The ex-dividend date 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.