Manuka Financial LLC Sells 60,209 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Manuka Financial LLC decreased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 62.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,069 shares of the company’s stock after selling 60,209 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 1.1% of Manuka Financial LLC’s investment portfolio, making the stock its 19th largest holding. Manuka Financial LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,806,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Mullooly Asset Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 2.1% in the 3rd quarter. Mullooly Asset Management Inc. now owns 43,917 shares of the company’s stock worth $2,199,000 after purchasing an additional 910 shares during the period. Avestar Capital LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 14.4% in the 3rd quarter. Avestar Capital LLC now owns 8,876 shares of the company’s stock worth $444,000 after buying an additional 1,117 shares during the period. CFO4Life Group LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 15.2% during the 3rd quarter. CFO4Life Group LLC now owns 21,651 shares of the company’s stock valued at $1,084,000 after buying an additional 2,862 shares in the last quarter. NewEdge Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 75.6% in the 3rd quarter. NewEdge Wealth LLC now owns 30,611 shares of the company’s stock valued at $1,540,000 after buying an additional 13,174 shares during the period. Finally, Keener Financial Planning LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 1.5% in the 3rd quarter. Keener Financial Planning LLC now owns 17,695 shares of the company’s stock worth $885,000 after acquiring an additional 254 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.93 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $50.94. The stock’s fifty day moving average is $50.51 and its two-hundred day moving average is $50.13.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.1398 per share. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.