7,296 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Purchased by Wealth Management Nebraska

Wealth Management Nebraska 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. The fund acquired 7,296 shares of the company’s stock, valued at approximately $366,000.

A number of other hedge funds have also added to or reduced their stakes in VTEB. Life Planning Partners Inc boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% in the fourth quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock valued at $69,578,000 after purchasing an additional 1,350,188 shares during the period. Charles Schwab Investment Management Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after purchasing an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after buying an additional 535,526 shares in the last quarter. Finally, Jordan Park Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $23,287,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

NYSEARCA:VTEB opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The company has a 50-day moving average of $50.08 and a 200 day moving average of $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1317 dividend. 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.