Compass Capital Corp MA ADV Makes New $270,000 Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Compass Capital Corp MA ADV bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,395 shares of the company’s stock, valued at approximately $270,000.

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

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

VTEB stock opened at $50.36 on Friday. The company has a 50 day simple moving average of $50.08 and a 200 day simple moving average of $50.51. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, February 3rd.

Vanguard Tax-Exempt Bond ETF Company 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.