Resonant Capital Advisors LLC Purchases 46,666 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Resonant Capital Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 446,757 shares of the company’s stock after acquiring an additional 46,666 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 1.6% of Resonant Capital Advisors LLC’s portfolio, making the stock its 14th largest position. Resonant Capital Advisors LLC owned 0.07% of Vanguard Tax-Exempt Bond ETF worth $22,396,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $29,000. Bogart Wealth LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares in the last quarter. Rise Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock worth $56,000 after buying an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after buying an additional 648 shares in the last quarter. Finally, Marquette Asset Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $59,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.13 on Monday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a 50-day moving average of $50.30 and a 200 day moving average of $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a $0.1317 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

About Vanguard Tax-Exempt Bond ETF

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.