Crestwood Advisors Group LLC Has $62.29 Million Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Crestwood Advisors Group LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,242,570 shares of the company’s stock after purchasing an additional 50,422 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.2% of Crestwood Advisors Group LLC’s holdings, making the stock its 27th biggest position. Crestwood Advisors Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $62,290,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VTEB. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $29,000. Advantage Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $42,000. Cromwell Holdings LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $48,000. Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $80,000. Finally, New Republic Capital LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $83,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

VTEB opened at $50.36 on Monday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm’s fifty day moving average price is $50.08 and its two-hundred day moving average price is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced 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. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date 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.