Liberty Capital Management Inc. Boosts Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Liberty Capital Management Inc. lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 110,515 shares of the company’s stock after purchasing an additional 2,628 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 1.2% of Liberty Capital Management Inc.’s holdings, making the stock its 24th biggest holding. Liberty Capital Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,540,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VTEB. Captrust Financial Advisors raised 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 in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $103,000. Eclectic Associates Inc. ADV raised its stake in 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 purchasing an additional 972 shares in the last quarter. Souders Financial Advisors lifted its position in Vanguard Tax-Exempt Bond ETF by 1.1% during the third quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after purchasing an additional 295 shares during the last quarter. Finally, Cedar Mountain Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $793,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.23 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 $50.23 and its 200-day moving average price is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given 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 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.