Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stock Position Lifted by Financial Advocates Investment Management

Financial Advocates Investment Management lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,871 shares of the company’s stock after acquiring an additional 2,937 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Tax-Exempt Bond ETF were worth $946,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Long Run Wealth Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 26.5% during the 4th quarter. Long Run Wealth Advisors LLC now owns 7,148 shares of the company’s stock valued at $358,000 after buying an additional 1,498 shares during the last quarter. Schmidt P J Investment Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 0.3% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 94,118 shares of the company’s stock valued at $4,718,000 after acquiring an additional 263 shares during the period. Financial Architects LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.4% during the fourth quarter. Financial Architects LLC now owns 29,355 shares of the company’s stock valued at $1,472,000 after purchasing an additional 1,775 shares during the last quarter. Robertson Stephens Wealth Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 19.4% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 125,174 shares of the company’s stock worth $6,275,000 after purchasing an additional 20,323 shares during the period. Finally, Onyx Bridge Wealth Group LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 54.9% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 7,473 shares of the company’s stock worth $375,000 after purchasing an additional 2,649 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.23 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The stock has a fifty day moving average price of $50.25 and a 200 day moving average price of $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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