Congress Wealth Management LLC DE Buys 550 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Congress Wealth Management LLC DE grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,211 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,024,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $29,000. Advantage Trust Co purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $42,000. Cromwell Holdings LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $48,000. Millstone Evans Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $57,000. Finally, Peterson Wealth Services purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $80,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Shares of VTEB stock opened at $49.59 on Wednesday. The business’s fifty day moving average is $50.09 and its 200 day moving average is $50.40. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1317 dividend. The ex-dividend date was Monday, March 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.