Timonier Family Office LTD. Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Timonier Family Office LTD. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 72,716 shares of the company’s stock, valued at approximately $3,645,000. Vanguard Tax-Exempt Bond ETF accounts for 1.9% of Timonier Family Office LTD.’s portfolio, making the stock its 16th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after acquiring an additional 202 shares during the period. FSC Wealth Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after acquiring an additional 216 shares during the period. Cypress Wealth Services LLC grew its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after acquiring an additional 223 shares during the period. Family Investment Center Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after acquiring an additional 223 shares during the period. Finally, Allen Capital Group LLC grew its position in Vanguard Tax-Exempt Bond ETF by 4.0% during the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after acquiring an additional 227 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.22 on Friday. The stock has a 50-day moving average price of $50.08 and a two-hundred day moving average price of $50.51. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company 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.