4,210 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, Holdings Channel reports. The fund purchased 4,210 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 29.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after purchasing an additional 108,101 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after buying an additional 1,116 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $103,000. Eclectic Associates Inc. ADV boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after acquiring an additional 972 shares in the last quarter. Finally, Hill Island Financial LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,061.7% in the 4th quarter. Hill Island Financial LLC now owns 63,418 shares of the company’s stock valued at $3,179,000 after acquiring an additional 57,959 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $48.85 on Tuesday. The stock’s 50-day simple moving average is $50.01 and its 200-day simple moving average is $50.31. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $48.63 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.1317 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost 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.