83,828 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Purchased by VSM Wealth Advisory LLC

VSM Wealth Advisory LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 83,828 shares of the company’s stock, valued at approximately $4,202,000. Vanguard Tax-Exempt Bond ETF accounts for 1.5% of VSM Wealth Advisory LLC’s investment portfolio, making the stock its 18th biggest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 29.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after acquiring an additional 108,101 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock worth $15,064,000 after acquiring an additional 46,219 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the fourth quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after acquiring an additional 1,116 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $103,000. Finally, Eclectic Associates Inc. ADV lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after acquiring an additional 972 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $49.82 on Wednesday. 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 $50.09 and a 200-day moving average price of $50.44.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.