Steward Partners Investment Advisory LLC Purchases 25,531 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Steward Partners Investment Advisory LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 172,622 shares of the company’s stock after purchasing an additional 25,531 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $29,000. Advantage Trust Co bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $42,000. Cromwell Holdings LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $48,000. Peterson Wealth Services bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $80,000. Finally, New Republic Capital LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $83,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

NYSEARCA:VTEB opened at $50.23 on Thursday. The stock’s fifty day moving average price is $50.13 and its two-hundred day moving average price is $50.49. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1317 per share. The ex-dividend date was Monday, March 3rd. This is a positive change 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.