Empower Advisory Group LLC Has $17.81 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Empower Advisory Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 355,174 shares of the company’s stock after buying an additional 41,058 shares during the quarter. Empower Advisory Group LLC owned 0.06% of Vanguard Tax-Exempt Bond ETF worth $17,805,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. Bogart Wealth LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares during the period. Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $80,000. New Republic Capital LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $83,000. Finally, Eastern Bank acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $86,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.19 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The firm has a 50-day moving average price of $50.14 and a 200 day moving average price of $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.