BCGM Wealth Management LLC Has $1.97 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

BCGM Wealth Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 36.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,269 shares of the company’s stock after acquiring an additional 10,477 shares during the quarter. BCGM Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,969,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. Advantage Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $42,000. Cromwell Holdings LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $48,000. Peterson Wealth Services bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at $80,000. Finally, New Republic Capital LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.36 on Monday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The business’s 50-day moving average is $50.08 and its 200-day moving average is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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