Ledyard National Bank Takes $230,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Ledyard National Bank bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,596 shares of the company’s stock, valued at approximately $230,000.

Other large investors have also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares during the period. Rise Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after purchasing an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 131.4% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after purchasing an additional 648 shares during the period. Finally, Compagnie Lombard Odier SCmA purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $81,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

VTEB opened at $50.23 on Friday. The firm has a fifty day moving average price of $50.25 and a 200 day moving average price of $50.53. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1317 per share. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 3rd.

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.