Elevation Point Wealth Partners LLC Has $880,000 Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Elevation Point Wealth Partners LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9,303.7% in the third quarter, HoldingsChannel.com reports. The firm owned 17,585 shares of the company’s stock after purchasing an additional 17,398 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $880,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VTEB. Jane Street Group LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after buying an additional 175,676 shares during the period. Bank of Montreal Can acquired a new position in Vanguard Tax-Exempt Bond ETF in the second quarter valued at $537,000. Cetera Investment Advisers boosted its position in Vanguard Tax-Exempt Bond ETF by 10.6% during the second quarter. Cetera Investment Advisers now owns 640,928 shares of the company’s stock valued at $31,425,000 after acquiring an additional 61,202 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Vanguard Tax-Exempt Bond ETF by 24.5% during the second quarter. Rockefeller Capital Management L.P. now owns 181,432 shares of the company’s stock valued at $8,896,000 after acquiring an additional 35,725 shares during the last quarter. Finally, PAX Financial Group LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 9.8% during the 2nd quarter. PAX Financial Group LLC now owns 5,488 shares of the company’s stock worth $269,000 after acquiring an additional 488 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.38 on Tuesday. The stock has a 50-day moving average price of $50.64 and a 200-day moving average price of $50.34. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.1487 dividend. The ex-dividend date was Monday, March 2nd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.