Principal Securities Inc. Grows Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Principal Securities Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.8% in the fourth quarter, HoldingsChannel reports. The firm owned 119,105 shares of the company’s stock after acquiring an additional 3,253 shares during the quarter. Principal Securities Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,971,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTEB. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $29,000. Bogart Wealth LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the last quarter. Peterson Wealth Services purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $80,000. New Republic Capital LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $83,000. Finally, Eastern Bank purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $86,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA VTEB opened at $50.19 on Monday. The business has a 50-day moving average of $50.14 and a two-hundred day moving average of $50.52. 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 company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders 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 boost 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.