Savant Capital LLC Acquires 137,438 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Savant Capital LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,246,122 shares of the company’s stock after purchasing an additional 137,438 shares during the quarter. Savant Capital LLC owned approximately 0.20% of Vanguard Tax-Exempt Bond ETF worth $62,468,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VTEB. Charles Schwab Investment Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the 3rd quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock valued at $918,595,000 after acquiring an additional 75,969 shares during the period. Franklin Resources Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after acquiring an additional 818,486 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after purchasing an additional 433,676 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 6.1% during 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 in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.23 on Monday. The company has a 50-day simple moving average of $50.23 and a two-hundred day simple moving average of $50.53. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date 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.