Vanguard Tax-Exempt Bond ETF $VTEB Shares Acquired by Websterrogers Financial Advisors LLC

Websterrogers Financial Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 174,166 shares of the company’s stock after purchasing an additional 21,408 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 2.5% of Websterrogers Financial Advisors LLC’s portfolio, making the stock its 15th largest position. Websterrogers Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,759,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $25,000. Fairway Wealth LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $28,000. Lowe Wealth Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $37,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.9%

NYSEARCA:VTEB opened at $49.80 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.18. The business’s 50-day simple moving average is $50.61 and its 200 day simple moving average is $50.37.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1487 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.6%. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.