Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 184,516 shares of the company’s stock after acquiring an additional 28,642 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,250,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 58.2% in the fourth quarter. Farther Finance Advisors LLC now owns 114,967 shares of the company’s stock worth $5,763,000 after buying an additional 42,274 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 67.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 36,651 shares of the company’s stock worth $1,837,000 after buying an additional 14,807 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,535,947 shares of the company’s stock worth $76,997,000 after buying an additional 11,404 shares during the last quarter. PFG Advisors raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.1% in the fourth quarter. PFG Advisors now owns 129,827 shares of the company’s stock worth $6,508,000 after buying an additional 1,437 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 41.7% in the fourth quarter. HighTower Advisors LLC now owns 2,777,472 shares of the company’s stock worth $139,235,000 after buying an additional 817,486 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

NYSEARCA VTEB opened at $49.73 on Friday. The company has a fifty day simple moving average of $50.11 and a two-hundred day simple moving average of $50.46. 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 business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1317 dividend. The ex-dividend date was Monday, March 3rd. This is a boost 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.