Canvas Wealth Advisors LLC Invests $217,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Canvas Wealth Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,338 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTEB. Captrust Financial Advisors boosted its stake 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 acquiring an additional 46,219 shares during the period. Central Pacific Bank Trust Division bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $103,000. Eclectic Associates Inc. ADV increased its holdings in shares of 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 shares of 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, Cedar Mountain Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $793,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.24 on Tuesday. The stock has a fifty day moving average of $50.23 and a 200-day moving average of $50.53. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month 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. Stockholders of record on Monday, February 3rd were issued a $0.1317 dividend. 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 Company 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.