Prime Capital Investment Advisors LLC Sells 464,097 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Prime Capital Investment Advisors LLC trimmed its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,781,909 shares of the company’s stock after selling 464,097 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 1.4% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 15th largest position. Prime Capital Investment Advisors LLC owned approximately 0.32% of Vanguard Tax-Exempt Bond ETF worth $90,966,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. HM Payson & Co. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $32,000. Headlands Technologies LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $39,000. VisionPoint Advisory Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $41,000. Planned Solutions Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $45,000. Finally, Fifth Third Bancorp lifted its holdings in Vanguard Tax-Exempt Bond ETF by 1,612.5% in the 3rd quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock worth $46,000 after buying an additional 903 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3 %

NYSEARCA VTEB traded down $0.15 on Friday, hitting $49.96. The company’s stock had a trading volume of 4,117,030 shares, compared to its average volume of 4,046,084. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.14 and a 52-week high of $51.15. The company’s 50-day simple moving average is $50.61 and its 200 day simple moving average is $49.81.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.1279 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.