Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) is Luminvest Wealth Management LLC’s 4th Largest Position

Luminvest Wealth Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 435,437 shares of the company’s stock after purchasing an additional 62,737 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 8.8% of Luminvest Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Luminvest Wealth Management LLC owned 0.07% of Vanguard Tax-Exempt Bond ETF worth $21,828,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VTEB. Charles Schwab Investment Management Inc. boosted its holdings 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 last quarter. Raymond James & Associates boosted its holdings in Vanguard Tax-Exempt Bond ETF by 0.4% in the third quarter. Raymond James & Associates now owns 17,969,381 shares of the company’s stock worth $918,595,000 after purchasing an additional 75,969 shares during the last quarter. Franklin Resources Inc. boosted its holdings 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 worth $269,411,000 after purchasing an additional 818,486 shares during the last quarter. LPL Financial LLC grew its position in Vanguard Tax-Exempt Bond ETF by 9.5% in 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 period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock valued at $192,395,000 after buying an additional 219,309 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.23 on Monday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The business’s fifty day moving average price is $50.23 and its 200-day moving average price is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders 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 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.