Bray Capital Advisors Acquires 800 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Bray Capital Advisors lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,279 shares of the company’s stock after purchasing an additional 800 shares during the period. Bray Capital Advisors’ holdings in Vanguard Tax-Exempt Bond ETF were worth $565,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Bogart Wealth LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after acquiring an additional 559 shares during the period. Cromwell Holdings LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $48,000. Peterson Wealth Services bought a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $80,000. Finally, New Republic Capital LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $83,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.22 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The company’s 50 day moving average is $50.08 and its two-hundred day moving average is $50.51.

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 dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, February 3rd.

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.