Continuum Wealth Advisors LLC Increases Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Continuum Wealth Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.1% in the 4th quarter, Holdings Channel reports. The firm owned 22,299 shares of the company’s stock after buying an additional 877 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.6% of Continuum Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. Continuum Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,118,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VTEB. Charles Schwab Investment Management Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after acquiring an additional 1,003,475 shares during the last quarter. Franklin Resources Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after acquiring an additional 433,676 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock valued at $192,395,000 after acquiring an additional 219,309 shares during the last quarter. Finally, US Bancorp DE raised its stake in Vanguard Tax-Exempt Bond ETF by 1.2% during the 3rd quarter. US Bancorp DE now owns 3,416,227 shares of the company’s stock valued at $174,637,000 after acquiring an additional 41,437 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.36 on Tuesday. The stock has a 50 day simple moving average of $50.08 and a 200-day simple moving average of $50.50. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17.

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 paid a dividend of $0.1317 per share. 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.