King Luther Capital Management Corp Has $6.18 Million Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

King Luther Capital Management Corp boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 123,237 shares of the company’s stock after buying an additional 614 shares during the quarter. King Luther Capital Management Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,178,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. CWA Asset Management Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $295,000. Assetmark Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 435.7% in the 3rd quarter. Assetmark Inc. now owns 5,443 shares of the company’s stock valued at $278,000 after buying an additional 4,427 shares in the last quarter. Catalytic Wealth RIA LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $650,000. Apollon Wealth Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% in the third quarter. Apollon Wealth Management LLC now owns 102,669 shares of the company’s stock worth $5,248,000 after acquiring an additional 1,366 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 4.0% in the third quarter. Harbour Investments Inc. now owns 65,374 shares of the company’s stock valued at $3,342,000 after acquiring an additional 2,543 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $49.95 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The company’s fifty day moving average price is $50.13 and its two-hundred day moving average price is $50.47.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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