Journey Beyond Wealth LLC Purchases New Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Journey Beyond Wealth LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 34,881 shares of the company’s stock, valued at approximately $1,749,000. Vanguard Tax-Exempt Bond ETF accounts for about 1.6% of Journey Beyond Wealth LLC’s portfolio, making the stock its 16th largest position.

Other hedge funds also recently modified their holdings of the company. Mosaic Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 0.6% in the fourth quarter. Mosaic Advisors LLC now owns 67,056 shares of the company’s stock valued at $3,361,000 after purchasing an additional 387 shares during the period. PKS Advisory Services LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $541,000. Prestige Wealth Management Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.5% in the fourth quarter. Prestige Wealth Management Group LLC now owns 68,263 shares of the company’s stock valued at $3,422,000 after purchasing an additional 1,023 shares in the last quarter. First American Trust FSB raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.9% during the 4th quarter. First American Trust FSB now owns 68,395 shares of the company’s stock valued at $3,429,000 after buying an additional 5,573 shares in the last quarter. Finally, TIAA Trust National Association lifted its stake in Vanguard Tax-Exempt Bond ETF by 17.5% during the fourth quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock worth $778,677,000 after purchasing an additional 2,308,219 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $49.59 on Wednesday. The firm has a 50 day moving average price of $50.09 and a 200-day moving average price of $50.40. 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 announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1317 dividend. 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 Company 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.