Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,871 shares of the company’s stock after buying an additional 2,937 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $946,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Merkkuri Wealth Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after purchasing an additional 202 shares during the period. FSC Wealth Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after buying an additional 216 shares during the period. Cypress Wealth Services LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after buying an additional 223 shares in the last quarter. Family Investment Center Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after buying an additional 223 shares during the period. Finally, Allen Capital Group LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after acquiring an additional 227 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.23 on Friday. The firm’s fifty day simple moving average is $50.25 and its 200 day simple moving average is $50.53. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1317 per share. The ex-dividend date was Monday, February 3rd. 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.