Blankinship & Foster LLC Invests $672,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Blankinship & Foster LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,400 shares of the company’s stock, valued at approximately $672,000.

Several other hedge funds have also modified their holdings of VTEB. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Advantage Trust Co purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $42,000. Cromwell Holdings LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $48,000. Peterson Wealth Services purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $80,000. Finally, New Republic Capital LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $83,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.07 on Friday. The stock’s fifty day moving average is $50.14 and its 200 day moving average is $50.48. 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 business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1317 per share. The ex-dividend date was Monday, March 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.