US Bancorp DE Has $179.65 Million Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

US Bancorp DE raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,583,701 shares of the company’s stock after acquiring an additional 167,474 shares during the period. US Bancorp DE owned about 0.56% of Vanguard Tax-Exempt Bond ETF worth $179,651,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Golden State Equity Partners grew its position in Vanguard Tax-Exempt Bond ETF by 24.9% during the 3rd quarter. Golden State Equity Partners now owns 6,327 shares of the company’s stock worth $323,000 after acquiring an additional 1,262 shares during the last quarter. Financial Advocates Investment Management grew its position in Vanguard Tax-Exempt Bond ETF by 34.1% during the 3rd quarter. Financial Advocates Investment Management now owns 15,934 shares of the company’s stock worth $815,000 after acquiring an additional 4,050 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC grew its position in Vanguard Tax-Exempt Bond ETF by 3.9% during the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 306,392 shares of the company’s stock worth $15,663,000 after acquiring an additional 11,536 shares during the last quarter. ForthRight Wealth Management LLC grew its position in Vanguard Tax-Exempt Bond ETF by 0.3% during the 3rd quarter. ForthRight Wealth Management LLC now owns 143,875 shares of the company’s stock worth $7,355,000 after acquiring an additional 369 shares during the last quarter. Finally, Stephens Inc. AR grew its position in Vanguard Tax-Exempt Bond ETF by 2.2% during the 3rd quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock worth $1,852,000 after acquiring an additional 780 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

NYSEARCA:VTEB opened at $50.66 on Friday. The stock’s fifty day moving average price is $50.11 and its two-hundred day moving average price is $50.50. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued 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 is Monday, March 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.