First American Trust FSB Purchases 5,573 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

First American Trust FSB increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 68,395 shares of the company’s stock after purchasing an additional 5,573 shares during the quarter. First American Trust FSB’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Advantage Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $48,000. Millstone Evans Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $57,000. Finally, Peterson Wealth Services acquired a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $80,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

NYSEARCA:VTEB opened at $49.68 on Tuesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The stock has a fifty day moving average price of $50.09 and a 200-day moving average price of $50.41.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 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.