Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Announces Dividend Increase – $0.15 Per Share

Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) declared a monthly dividend on Thursday, January 8th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.1487 per share on Wednesday, March 4th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 6.4% increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB traded up $0.02 during midday trading on Friday, hitting $51.15. The stock had a trading volume of 4,779,920 shares, compared to its average volume of 8,337,744. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.18. The business’s 50-day simple moving average is $50.59 and its 200-day simple moving average is $50.20.

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.