Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Truist Financial Corp

Truist Financial Corp raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 838,048 shares of the company’s stock after buying an additional 250,167 shares during the period. Truist Financial Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $42,011,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its holdings in Vanguard Tax-Exempt Bond ETF by 18.6% in the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after buying an additional 46,219 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $103,000. Eclectic Associates Inc. ADV increased its holdings in Vanguard Tax-Exempt Bond ETF by 5.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after buying an additional 972 shares in the last quarter. Souders Financial Advisors increased its holdings in Vanguard Tax-Exempt Bond ETF by 1.1% in the third quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after buying an additional 295 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.7% in the third quarter. Main Street Financial Solutions LLC now owns 37,857 shares of the company’s stock valued at $1,935,000 after buying an additional 1,702 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

VTEB opened at $50.07 on Wednesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The company has a fifty day moving average of $50.12 and a two-hundred day moving average of $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1317 per share. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.