Truist Financial Corp Acquires 85,705 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Truist Financial Corp grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 784,837 shares of the company’s stock after acquiring an additional 85,705 shares during the period. Truist Financial Corp owned 0.10% of Vanguard Tax-Exempt Bond ETF worth $39,297,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. James Investment Research Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 0.7% during the third quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock worth $1,454,000 after buying an additional 200 shares during the last quarter. Litman Gregory Wealth Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.6% during the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock worth $230,000 after acquiring an additional 204 shares in the last quarter. Moseley Investment Management Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock valued at $505,000 after acquiring an additional 206 shares during the last quarter. FDx Advisors Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.4% in the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock valued at $2,398,000 after acquiring an additional 218 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 0.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock worth $3,135,000 after purchasing an additional 221 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

Shares of VTEB stock opened at $50.52 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.68. The business’s 50 day moving average is $50.38 and its two-hundred day moving average is $49.90.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a $0.1398 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

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.