ForthRight Wealth Management LLC Has $6.62 Million Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

ForthRight Wealth Management LLC reduced its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 10.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 129,621 shares of the company’s stock after selling 15,174 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 2.6% of ForthRight Wealth Management LLC’s holdings, making the stock its 10th largest holding. ForthRight Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,617,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in Vanguard Tax-Exempt Bond ETF by 19.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,018,853 shares of the company’s stock valued at $3,416,007,000 after buying an additional 11,344,416 shares during the period. Moneta Group Investment Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 127,360.0% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 41,012,811 shares of the company’s stock valued at $2,029,724,000 after buying an additional 40,980,634 shares during the period. Creative Planning increased its stake in Vanguard Tax-Exempt Bond ETF by 8.8% in the third quarter. Creative Planning now owns 21,496,140 shares of the company’s stock worth $1,033,964,000 after purchasing an additional 1,742,080 shares during the period. Raymond James & Associates increased its stake in Vanguard Tax-Exempt Bond ETF by 1.6% in the fourth quarter. Raymond James & Associates now owns 17,233,955 shares of the company’s stock worth $879,793,000 after purchasing an additional 267,300 shares during the period. Finally, FMR LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. FMR LLC now owns 15,508,116 shares of the company’s stock worth $745,940,000 after purchasing an additional 1,498,184 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

VTEB stock opened at $50.05 on Thursday. The business’s fifty day simple moving average is $50.63 and its two-hundred day simple moving average is $49.80. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd will be paid a $0.1279 dividend. The ex-dividend date is Monday, April 1st.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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