Meridian Wealth Management LLC Buys 989 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Meridian Wealth Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,249 shares of the company’s stock after buying an additional 989 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,171,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $29,000. Advantage Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $42,000. Cromwell Holdings LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $48,000. Peterson Wealth Services bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $80,000. Finally, New Republic Capital LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $83,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

Shares of VTEB opened at $50.46 on Tuesday. The company has a 50 day moving average price of $50.12 and a 200-day moving average price of $50.50. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.1317 per share. The ex-dividend date is Monday, March 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.