Goodwin Investment Advisory Has $823,000 Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Goodwin Investment Advisory lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 32.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,118 shares of the company’s stock after selling 7,584 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 0.4% of Goodwin Investment Advisory’s holdings, making the stock its 20th biggest position. Goodwin Investment Advisory’s holdings in Vanguard Tax-Exempt Bond ETF were worth $823,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. TriaGen Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1.0% in the 4th quarter. TriaGen Wealth Management LLC now owns 21,112 shares of the company’s stock valued at $1,078,000 after purchasing an additional 206 shares during the period. Pinnacle Associates Ltd. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the third quarter. Pinnacle Associates Ltd. now owns 49,291 shares of the company’s stock worth $2,371,000 after acquiring an additional 215 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 10,996 shares of the company’s stock worth $566,000 after acquiring an additional 223 shares during the last quarter. Kohmann Bosshard Financial Services LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 1.6% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 14,894 shares of the company’s stock valued at $716,000 after acquiring an additional 239 shares in the last quarter. Finally, Snider Financial Group boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.6% during the 4th quarter. Snider Financial Group now owns 38,914 shares of the company’s stock valued at $1,987,000 after purchasing an additional 248 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.01 on Wednesday, hitting $49.91. The company had a trading volume of 4,781,625 shares, compared to its average volume of 4,219,764. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15. The stock has a 50 day moving average of $50.51 and a 200-day moving average of $49.90.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.1279 dividend. The ex-dividend date was Monday, April 1st.

Vanguard Tax-Exempt Bond ETF Profile

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.