Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stock Position Boosted by Stokes Family Office LLC

Stokes Family Office LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 66.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,743 shares of the company’s stock after buying an additional 51,560 shares during the period. Stokes Family Office LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VTEB. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Advantage Trust Co acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $42,000. Cromwell Holdings LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $48,000. Peterson Wealth Services acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $80,000. Finally, New Republic Capital LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $49.82 on Wednesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The firm has a 50-day moving average of $50.09 and a two-hundred day moving average of $50.44.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1317 per share. The ex-dividend date of this dividend 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.