Stevens Capital Partners Acquires 2,442 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Stevens Capital Partners raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,997 shares of the company’s stock after purchasing an additional 2,442 shares during the period. Stevens Capital Partners’ holdings in Vanguard Tax-Exempt Bond ETF were worth $752,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% in 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 during the period. Franklin Resources Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after buying an additional 818,486 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after buying an additional 433,676 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock valued at $192,395,000 after buying an additional 219,309 shares during the period. Finally, US Bancorp DE lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the 3rd quarter. US Bancorp DE now owns 3,416,227 shares of the company’s stock valued at $174,637,000 after acquiring an additional 41,437 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

NYSEARCA:VTEB opened at $50.36 on Friday. The stock has a fifty day moving average price of $50.08 and a 200-day moving average price of $50.50. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 3rd.

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.