Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Boosted by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 241,964 shares of the company’s stock after purchasing an additional 17,650 shares during the quarter. Private Advisor Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $12,130,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after buying an additional 202 shares during the period. FSC Wealth Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after acquiring an additional 216 shares during the last quarter. Cypress Wealth Services LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after acquiring an additional 223 shares during the period. Family Investment Center Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after acquiring an additional 223 shares during the period. Finally, Allen Capital Group LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after purchasing an additional 227 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.22 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The stock’s 50 day simple moving average is $50.08 and its 200 day simple moving average is $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, February 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.