Cambridge Associates LLC MA ADV Purchases New Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cambridge Associates LLC MA ADV acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 59,172 shares of the company’s stock, valued at approximately $2,966,000.

Several other large investors have also modified their holdings of the business. FSC Wealth Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 4th quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after acquiring an additional 216 shares during the last quarter. Cypress Wealth Services LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after purchasing an additional 223 shares during the period. Family Investment Center Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after purchasing an additional 223 shares during the period. Allen Capital Group LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after purchasing an additional 227 shares during the last quarter. Finally, Lpwm LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the fourth quarter. Lpwm LLC now owns 16,792 shares of the company’s stock valued at $842,000 after purchasing an additional 245 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.3 %

VTEB stock opened at $49.54 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.17. The firm’s 50-day moving average is $50.04 and its 200 day moving average is $50.34.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.1317 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase 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.