Edge Capital Group LLC Purchases Shares of 8,666 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Edge Capital Group LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, HoldingsChannel reports. The fund acquired 8,666 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds have also made changes to their positions in VTEB. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $29,000. Advantage Trust Co acquired a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $42,000. Cromwell Holdings LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $48,000. Peterson Wealth Services acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $80,000. Finally, New Republic Capital LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $83,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB opened at $50.36 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The company’s fifty day moving average price is $50.08 and its 200 day moving average price is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1317 per share. 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, February 3rd.

Vanguard Tax-Exempt Bond ETF 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.