Eagle Rock Investment Company LLC Purchases 10,172 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Eagle Rock Investment Company LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 117,862 shares of the company’s stock after buying an additional 10,172 shares during the quarter. Eagle Rock Investment Company LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Eclectic Associates Inc. ADV boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 89.5% in the 3rd quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock worth $2,547,000 after purchasing an additional 24,014 shares in the last quarter. Allen Capital Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 178.5% during the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after buying an additional 16,255 shares during the last quarter. First Citizens Bank & Trust Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1,681.1% in the third quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock worth $29,747,000 after acquiring an additional 560,755 shares in the last quarter. New York Life Investment Management LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.1% in the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock worth $42,865,000 after acquiring an additional 112,023 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.0% during the third quarter. Benjamin Edwards Inc. now owns 112,667 shares of the company’s stock valued at $5,641,000 after acquiring an additional 12,075 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

VTEB opened at $50.84 on Monday. The stock has a 50-day moving average price of $50.44 and a 200-day moving average price of $50.07. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $50.92.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.1398 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.3%.

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.