Robertson Stephens Wealth Management LLC Has $6.28 Million Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Robertson Stephens Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.4% in the fourth quarter, HoldingsChannel reports. The fund owned 125,174 shares of the company’s stock after buying an additional 20,323 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,275,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VTEB. Onyx Bridge Wealth Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 54.9% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 7,473 shares of the company’s stock valued at $375,000 after buying an additional 2,649 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.3% during the 4th quarter. Stratos Wealth Advisors LLC now owns 76,749 shares of the company’s stock valued at $3,847,000 after buying an additional 1,759 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 41.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 173,408 shares of the company’s stock valued at $8,693,000 after buying an additional 51,140 shares during the last quarter. Sargent Investment Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 76.0% during the 4th quarter. Sargent Investment Group LLC now owns 30,162 shares of the company’s stock valued at $1,496,000 after buying an additional 13,025 shares during the last quarter. Finally, Mather Group LLC. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the 4th quarter. Mather Group LLC. now owns 962,724 shares of the company’s stock valued at $48,261,000 after buying an additional 23,398 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The stock has a 50-day simple moving average of $50.27 and a 200-day simple moving average of $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued 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, February 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.