Smithfield Trust Co Buys 19,111 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Smithfield Trust Co grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 227,276 shares of the company’s stock after acquiring an additional 19,111 shares during the period. Smithfield Trust Co’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,400,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. FSC Wealth Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after buying an additional 216 shares during the period. Cypress Wealth Services LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the 4th 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 in the last quarter. Family Investment Center Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th 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 last quarter. 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 worth $299,000 after purchasing an additional 227 shares in the last quarter. Finally, Beta Wealth Group Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the third quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after purchasing an additional 234 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3 %

Shares of VTEB opened at $50.30 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The firm’s 50 day simple moving average is $50.13 and its 200 day simple moving average is $50.49.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.1317 per share. The ex-dividend date is Monday, March 3rd. This is a boost 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.