Compass Capital Corp MA ADV Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Compass Capital Corp MA ADV acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 5,395 shares of the company’s stock, valued at approximately $270,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTEB. Timonier Family Office LTD. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $3,645,000. FDx Advisors Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.6% in the 4th quarter. FDx Advisors Inc. now owns 51,862 shares of the company’s stock worth $2,600,000 after buying an additional 1,815 shares during the last quarter. Bray Capital Advisors grew its stake in Vanguard Tax-Exempt Bond ETF by 7.6% in the 4th quarter. Bray Capital Advisors now owns 11,279 shares of the company’s stock valued at $565,000 after purchasing an additional 800 shares during the period. Cromwell Holdings LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $48,000. Finally, Mattern Capital Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 4.3% during the 4th quarter. Mattern Capital Management LLC now owns 38,078 shares of the company’s stock valued at $1,909,000 after acquiring an additional 1,571 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.36 on Friday. The business has a fifty day simple moving average of $50.08 and a two-hundred day simple moving average of $50.51. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.