Vanguard Tax-Exempt Bond ETF $VTEB is Luminvest Wealth Management LLC’s 4th Largest Position

Luminvest Wealth Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 479,108 shares of the company’s stock after purchasing an additional 60,172 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 7.8% of Luminvest Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Luminvest Wealth Management LLC owned approximately 0.06% of Vanguard Tax-Exempt Bond ETF worth $23,989,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 39.8% during the second quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after buying an additional 30,774,028 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,166,659 shares of the company’s stock valued at $1,724,221,000 after acquiring an additional 669,274 shares during the period. Creative Planning boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.7% during the 2nd quarter. Creative Planning now owns 26,851,781 shares of the company’s stock valued at $1,316,543,000 after acquiring an additional 702,763 shares during the period. Raymond James Financial Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 0.7% in the 2nd quarter. Raymond James Financial Inc. now owns 21,831,076 shares of the company’s stock valued at $1,070,378,000 after acquiring an additional 141,078 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Vanguard Tax-Exempt Bond ETF by 30.6% in the second quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock worth $647,430,000 after purchasing an additional 3,094,388 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.56 on Friday. The firm has a fifty day moving average price of $50.38 and a 200-day moving average price of $49.91. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.68.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be given a $0.1398 dividend. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Monday, February 2nd.

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.