Progressive Investment Management Corp Raises Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Progressive Investment Management Corp boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,255 shares of the company’s stock after purchasing an additional 599 shares during the period. Progressive Investment Management Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $263,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cullen Frost Bankers Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 29.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after purchasing an additional 108,101 shares during the period. Captrust Financial Advisors lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 18.6% during the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after buying an additional 46,219 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock valued at $522,000 after buying an additional 1,116 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $103,000. Finally, Eclectic Associates Inc. ADV raised its stake in Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after acquiring an additional 972 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.6 %

Shares of NYSEARCA:VTEB opened at $49.54 on Friday. The company has a 50-day moving average price of $50.06 and a two-hundred day moving average price of $50.38. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.24 and a twelve month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.1317 dividend. 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 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.