Truist Financial Corp Increases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Truist Financial Corp lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 42.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 838,048 shares of the company’s stock after purchasing an additional 250,167 shares during the period. Truist Financial Corp owned about 0.13% of Vanguard Tax-Exempt Bond ETF worth $42,011,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of VTEB. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Bogart Wealth LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares during the period. Peterson Wealth Services purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $80,000. New Republic Capital LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $83,000. Finally, Eastern Bank purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $86,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Shares of VTEB opened at $50.07 on Wednesday. The company has a 50 day moving average price of $50.12 and a 200-day moving average price of $50.52. 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 company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1317 dividend. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, February 3rd.

About Vanguard Tax-Exempt Bond ETF

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.