Orion Portfolio Solutions LLC Acquires 69,244 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Orion Portfolio Solutions LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 448,459 shares of the company’s stock after purchasing an additional 69,244 shares during the period. Orion Portfolio Solutions LLC owned 0.07% of Vanguard Tax-Exempt Bond ETF worth $22,481,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Advantage Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $42,000. Cromwell Holdings LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $48,000. Millstone Evans Group LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $57,000. Finally, Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $80,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $49.25 on Friday. The firm has a fifty day simple moving average of $50.07 and a 200 day simple moving average of $50.39. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.23 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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