Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Horizon Investments LLC

Horizon Investments LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,496 shares of the company’s stock after purchasing an additional 773 shares during the period. Horizon Investments LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $525,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VTEB. PDS Planning Inc grew its holdings in Vanguard Tax-Exempt Bond ETF by 7.7% during the 4th quarter. PDS Planning Inc now owns 233,195 shares of the company’s stock worth $11,690,000 after acquiring an additional 16,723 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 117,930 shares of the company’s stock worth $5,912,000 after acquiring an additional 1,261 shares in the last quarter. Wrenne Financial Planning LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Wrenne Financial Planning LLC now owns 47,295 shares of the company’s stock worth $2,371,000 after acquiring an additional 2,374 shares in the last quarter. Clearwater Capital Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $588,000. Finally, Parallel Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 89.6% during the 4th quarter. Parallel Advisors LLC now owns 45,766 shares of the company’s stock worth $2,294,000 after acquiring an additional 21,625 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $49.86 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The firm has a fifty day moving average of $50.09 and a two-hundred day moving average of $50.43.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.1317 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.