Linscomb Wealth Inc. Boosts Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Linscomb Wealth Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,261 shares of the company’s stock after acquiring an additional 6,336 shares during the quarter. Linscomb Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,520,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Golden State Equity Partners grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 24.9% in the 3rd quarter. Golden State Equity Partners now owns 6,327 shares of the company’s stock valued at $323,000 after buying an additional 1,262 shares during the period. Financial Advocates Investment Management lifted its holdings in Vanguard Tax-Exempt Bond ETF by 34.1% in the third quarter. Financial Advocates Investment Management now owns 15,934 shares of the company’s stock valued at $815,000 after acquiring an additional 4,050 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.9% in the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 306,392 shares of the company’s stock worth $15,663,000 after acquiring an additional 11,536 shares during the period. ForthRight Wealth Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 0.3% during the third quarter. ForthRight Wealth Management LLC now owns 143,875 shares of the company’s stock worth $7,355,000 after acquiring an additional 369 shares during the last quarter. Finally, Stephens Inc. AR raised its position in Vanguard Tax-Exempt Bond ETF by 2.2% in the third quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock valued at $1,852,000 after purchasing an additional 780 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.66 on Friday. The business’s fifty day simple moving average is $50.11 and its 200-day simple moving average is $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 business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.1317 per share. The ex-dividend date is Monday, March 3rd. This is a positive change 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.