Sargent Investment Group LLC Buys 13,025 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sargent Investment Group LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 76.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,162 shares of the company’s stock after acquiring an additional 13,025 shares during the period. Sargent Investment Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $29,000. Bogart Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after buying an additional 559 shares during the period. Rise Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 131.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after acquiring an additional 648 shares during the period. Finally, Marquette Asset Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $59,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.18 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The company’s 50 day moving average is $50.28 and its 200 day moving average is $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a $0.1317 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.