TIAA Trust National Association Has $778.68 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

TIAA Trust National Association raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,533,140 shares of the company’s stock after buying an additional 2,308,219 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 2.4% of TIAA Trust National Association’s portfolio, making the stock its 10th largest position. TIAA Trust National Association owned about 2.43% of Vanguard Tax-Exempt Bond ETF worth $778,677,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Advantage Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Cromwell Holdings LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $48,000. Millstone Evans Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $57,000. Finally, Peterson Wealth Services bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $80,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Shares of VTEB opened at $49.68 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The business has a 50-day simple moving average of $50.09 and a two-hundred day simple moving average of $50.41.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.1317 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change 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.