Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) is Members Trust Co’s 10th Largest Position

Members Trust Co boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,446,995 shares of the company’s stock after purchasing an additional 10,222 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 0.0% of Members Trust Co’s portfolio, making the stock its 10th largest position. Members Trust Co owned 0.38% of Vanguard Tax-Exempt Bond ETF worth $122,668,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Howard Wealth Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $210,000. Compass Financial Group INC SD raised its stake in Vanguard Tax-Exempt Bond ETF by 27.3% during the fourth quarter. Compass Financial Group INC SD now owns 20,091 shares of the company’s stock valued at $1,007,000 after buying an additional 4,307 shares in the last quarter. Maryland Capital Advisors Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 388.3% during the fourth quarter. Maryland Capital Advisors Inc. now owns 2,295 shares of the company’s stock valued at $115,000 after buying an additional 1,825 shares in the last quarter. Quadrant Private Wealth Management LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 24.3% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 15,585 shares of the company’s stock valued at $781,000 after buying an additional 3,050 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 14.1% during the fourth quarter. Valeo Financial Advisors LLC now owns 174,282 shares of the company’s stock valued at $8,737,000 after buying an additional 21,572 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $50.19 on Friday. The stock’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $50.52. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.