Berman McAleer LLC Buys Shares of 10,447 Vanguard Tax-Exempt Bond ETF $VTEB

Berman McAleer LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,447 shares of the company’s stock, valued at approximately $523,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fairway Wealth LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $28,000. Lowe Wealth Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $29,000. Sound Income Strategies LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1,500.0% in the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after purchasing an additional 780 shares during the period. Bogart Wealth LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 41.9% in the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock valued at $47,000 after purchasing an additional 279 shares during the period. Finally, Avalon Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth $49,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

VTEB stock opened at $50.56 on Friday. The business’s 50-day moving average is $50.38 and its two-hundred day moving average is $49.91. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $50.68.

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 issued a $0.1398 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.3%.

Vanguard Tax-Exempt Bond ETF Company 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.