Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) is Bedel Financial Consulting Inc.’s 3rd Largest Position

Bedel Financial Consulting Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 639,565 shares of the company’s stock after buying an additional 17,611 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 4.5% of Bedel Financial Consulting Inc.’s investment portfolio, making the stock its 3rd largest holding. Bedel Financial Consulting Inc. owned approximately 0.10% of Vanguard Tax-Exempt Bond ETF worth $32,208,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $29,000. Advantage Trust Co bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $42,000. Cromwell Holdings LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $48,000. Peterson Wealth Services bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $80,000. Finally, New Republic Capital LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.46 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The stock 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 Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. The ex-dividend date of this dividend 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.