235,468 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Acquired by Single Point Partners LLC

Single Point Partners LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 235,468 shares of the company’s stock, valued at approximately $11,804,000. Vanguard Tax-Exempt Bond ETF comprises about 2.7% of Single Point Partners LLC’s portfolio, making the stock its 9th biggest holding.

A number of other institutional investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after acquiring an additional 1,003,475 shares during the period. Raymond James & Associates lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after buying an additional 75,969 shares during the last quarter. Franklin Resources Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after purchasing an additional 818,486 shares during the last quarter. LPL Financial LLC raised its position in Vanguard Tax-Exempt Bond ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after purchasing an additional 433,676 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its position in Vanguard Tax-Exempt Bond ETF by 6.1% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock valued at $192,395,000 after purchasing an additional 219,309 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.24 on Tuesday. The stock has a 50-day moving average price of $50.23 and a two-hundred day moving average price of $50.53. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, February 3rd.

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.