M&T Bank Corp Has $39.42 Million Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

M&T Bank Corp lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 787,249 shares of the company’s stock after purchasing an additional 22,457 shares during the quarter. M&T Bank Corp owned 0.10% of Vanguard Tax-Exempt Bond ETF worth $39,417,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VTEB. Fairway Wealth LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $28,000. Lowe Wealth Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. United Financial Planning Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. Sound Income Strategies LLC raised its position in Vanguard Tax-Exempt Bond ETF by 1,500.0% in the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after purchasing an additional 780 shares during the last quarter. Finally, Bogart Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 41.9% during the 3rd quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after buying an additional 279 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3%

Shares of NYSEARCA:VTEB opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.18. The firm’s fifty day moving average is $50.64 and its 200-day moving average is $50.31.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1487 dividend. 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 dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Tax-Exempt Bond ETF

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.