Wealthstream Advisors Inc. Raises Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wealthstream Advisors Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,996 shares of the company’s stock after buying an additional 479 shares during the period. Wealthstream Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $301,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Crestwood Advisors Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 4.2% during the 4th quarter. Crestwood Advisors Group LLC now owns 1,242,570 shares of the company’s stock worth $62,290,000 after acquiring an additional 50,422 shares during the period. IFP Advisors Inc increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.7% in the fourth quarter. IFP Advisors Inc now owns 96,183 shares of the company’s stock worth $4,822,000 after purchasing an additional 2,522 shares in the last quarter. Cherry Tree Wealth Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 5.7% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 80,052 shares of the company’s stock valued at $4,013,000 after purchasing an additional 4,311 shares during the period. BCGM Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 36.4% during the 4th quarter. BCGM Wealth Management LLC now owns 39,269 shares of the company’s stock valued at $1,969,000 after buying an additional 10,477 shares in the last quarter. Finally, Golden Bell Financial Planning LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $1,854,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

Shares of VTEB stock opened at $50.36 on Monday. The stock has a fifty day simple moving average of $50.08 and a two-hundred day simple moving average of $50.50. 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 firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1317 dividend. 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.

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.