Cromwell Holdings LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cromwell Holdings LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 960 shares of the company’s stock, valued at approximately $48,000.

Other hedge funds also recently made changes to their positions in the company. Life Planning Partners Inc boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% during the fourth quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock worth $69,578,000 after buying an additional 1,350,188 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during 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 during the period. Franklin Resources Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after buying an additional 535,526 shares during the period. Finally, Jordan Park Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $23,287,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2 %

Shares of VTEB opened at $50.22 on Friday. 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 has a 50-day simple moving average of $50.08 and a 200-day simple moving average of $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1317 per share. This is an increase 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 Company 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.