Synergy Investment Management LLC Makes New $168,000 Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Synergy Investment Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,351 shares of the company’s stock, valued at approximately $168,000.

Other large investors also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $29,000. Advantage Trust Co bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $42,000. Cromwell Holdings LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $48,000. Peterson Wealth Services bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $80,000. Finally, New Republic Capital LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $83,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3 %

NYSEARCA:VTEB opened at $50.30 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm’s fifty day simple moving average is $50.13 and its 200 day simple moving average is $50.49.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be paid a $0.1317 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.