Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 789,163 shares of the company’s stock after purchasing an additional 18,091 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 2.2% of JFS Wealth Advisors LLC’s portfolio, making the stock its 10th largest holding. JFS Wealth Advisors LLC owned about 0.09% of Vanguard Tax-Exempt Bond ETF worth $39,687,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JPL Wealth Management LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $28,000. Lowe Wealth Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $29,000. United Financial Planning Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $37,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $49.64 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 $50.52 and its 200-day simple moving average is $50.37.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1487 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.