Altium Wealth Management LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 535,632 shares of the company’s stock after buying an additional 66,258 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 3.4% of Altium Wealth Management LLC’s holdings, making the stock its 5th largest holding. Altium Wealth Management LLC owned about 0.41% of Vanguard Tax-Exempt Bond ETF worth $28,678,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in VTEB. Lenox Wealth Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $30,000. Stonebridge Capital Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $50,000. Parallel Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 33.5% during the third quarter. Parallel Advisors LLC now owns 1,348 shares of the company’s stock worth $72,000 after acquiring an additional 338 shares in the last quarter. Cribstone Capital Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $101,000. Finally, Prestige Wealth Management Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $106,000.
VTEB stock traded down $0.07 during midday trading on Friday, hitting $54.03. 2,355 shares of the company’s stock were exchanged, compared to its average volume of 984,082. The stock’s fifty day moving average price is $53.65 and its 200-day moving average price is $53.56. Vanguard Tax-Exempt Bond ETF has a one year low of $51.07 and a one year high of $54.19.
The company also recently declared a monthly dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.0993 dividend. This represents a $1.19 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend was Monday, December 23rd.
Further Reading: What is an Initial Coin Offering (ICO)?
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