Titleist Asset Management LLC Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Titleist Asset Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,682 shares of the company’s stock, valued at approximately $335,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Insigneo Advisory Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.3% in the third quarter. Insigneo Advisory Services LLC now owns 20,650 shares of the company’s stock valued at $1,056,000 after purchasing an additional 852 shares during the last quarter. MML Investors Services LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 3rd quarter. MML Investors Services LLC now owns 1,049,205 shares of the company’s stock valued at $53,635,000 after purchasing an additional 49,468 shares in the last quarter. Continuum Advisory LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.9% during the 3rd quarter. Continuum Advisory LLC now owns 29,833 shares of the company’s stock valued at $1,503,000 after buying an additional 3,414 shares during the last quarter. Nabity Jensen Investment Management Inc acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $512,000. Finally, Executive Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $6,750,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

NYSEARCA VTEB opened at $49.85 on Monday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.17. The company’s fifty day moving average price is $50.04 and its two-hundred day moving average price is $50.32.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Tuesday, April 1st.

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.