Wealth Alliance Boosts Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wealth Alliance raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,407 shares of the company’s stock after purchasing an additional 1,484 shares during the period. Wealth Alliance’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,580,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VTEB. Captrust Financial Advisors grew its position in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after purchasing an additional 46,219 shares during the period. Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $103,000. Eclectic Associates Inc. ADV grew its holdings in Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after buying an additional 972 shares during the period. Souders Financial Advisors increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.1% during the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after acquiring an additional 295 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.7% during the 3rd quarter. Main Street Financial Solutions LLC now owns 37,857 shares of the company’s stock worth $1,935,000 after acquiring an additional 1,702 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.14 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a 50 day moving average price of $50.09 and a 200 day moving average price of $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.