Vanguard Tax-Exempt Bond ETF $VTEB Stake Increased by Websterrogers Financial Advisors LLC

Websterrogers Financial Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.0% during the 4th quarter, HoldingsChannel reports. The fund owned 174,166 shares of the company’s stock after buying an additional 21,408 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 2.5% of Websterrogers Financial Advisors LLC’s portfolio, making the stock its 15th largest position. Websterrogers Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,759,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $25,000. Fairway Wealth LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $28,000. Lowe Wealth Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. United Financial Planning Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $37,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $49.80 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.18. The stock’s 50 day simple moving average is $50.61 and its 200 day simple moving average is $50.37.

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 paid a dividend of $0.1487 per share. The ex-dividend date was Monday, March 2nd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 3.6%.

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.