Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,040 shares of the company’s stock after acquiring an additional 812 shares during the period. Parkside Financial Bank & Trust’s holdings in Vanguard Tax-Exempt Bond ETF were worth $203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Captrust Financial Advisors increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after acquiring an additional 46,219 shares during the period. Central Pacific Bank Trust Division purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $103,000. D.A. Davidson & CO. increased its stake in Vanguard Tax-Exempt Bond ETF by 12.0% in the fourth quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock valued at $522,000 after purchasing an additional 1,116 shares during the period. Eclectic Associates Inc. ADV raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after buying an additional 972 shares during the last quarter. Finally, Souders Financial Advisors raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.1% in the third quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after buying an additional 295 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.66 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The business’s 50-day moving average price is $50.11 and its 200 day moving average price is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be 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 is Monday, March 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.