Oakworth Capital Inc. Buys 13,754 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Oakworth Capital Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 438.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 16,893 shares of the company’s stock after acquiring an additional 13,754 shares during the period. Oakworth Capital Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $847,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares in the last quarter. Rise Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 235.1% in the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 131.4% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after acquiring 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 3rd quarter valued at about $59,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.4 %

Shares of NYSEARCA VTEB opened at $50.36 on Thursday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm’s 50-day simple moving average is $50.27 and its 200 day simple moving average is $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given 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.

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.