Envestnet Asset Management Inc. Increases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Envestnet Asset Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,207,533 shares of the company’s stock after buying an additional 303,440 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $511,704,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Oarsman Capital Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $28,000. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Nemes Rush Group LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1,238.3% during the 4th quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock worth $32,000 after buying an additional 582 shares in the last quarter. Advantage Trust Co purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $42,000. Finally, Cromwell Holdings LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $48,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of VTEB opened at $49.85 on Friday. The stock has a 50 day moving average of $50.04 and a 200 day moving average of $50.33. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.1317 per share. The ex-dividend date was Tuesday, April 1st. This is a positive change 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.