Aspect Partners LLC Invests $162,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Aspect Partners LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,233 shares of the company’s stock, valued at approximately $162,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jordan Park Group LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $23,287,000. Advyzon Investment Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $3,910,000. Wealth Alliance raised its position in shares of Vanguard Tax-Exempt Bond ETF by 2.1% in the 4th quarter. Wealth Alliance now owns 71,407 shares of the company’s stock valued at $3,580,000 after purchasing an additional 1,484 shares during the last quarter. Jacobson & Schmitt Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 13.8% in the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 184,147 shares of the company’s stock valued at $9,231,000 after purchasing an additional 22,363 shares during the last quarter. Finally, Sterling Financial Planning Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 22.6% in the 4th quarter. Sterling Financial Planning Inc. now owns 62,472 shares of the company’s stock worth $3,132,000 after purchasing an additional 11,509 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.14 on Thursday. The firm’s 50 day simple moving average is $50.09 and its two-hundred day simple moving average is $50.51. 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 company also recently declared 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 of this dividend 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 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.