Shakespeare Wealth Management LLC Raises Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Shakespeare Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,674 shares of the company’s stock after acquiring an additional 2,252 shares during the period. Shakespeare Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $986,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Oarsman Capital Inc. purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at approximately $28,000. Nemes Rush Group LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 1,238.3% in the fourth quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock valued at $32,000 after buying an additional 582 shares in the last quarter. Advantage Trust Co purchased a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $42,000. Cromwell Holdings LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $48,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $57,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.85 on Monday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.24 and a twelve month high of $51.17. The business has a 50-day moving average price of $50.04 and a 200 day moving average price of $50.32.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.1317 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. 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.