TPG Advisors LLC Has $2.74 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

TPG Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 28.4% during the fourth quarter, HoldingsChannel reports. The firm owned 54,634 shares of the company’s stock after buying an additional 12,082 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 2.1% of TPG Advisors LLC’s portfolio, making the stock its 13th largest holding. TPG Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,739,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after purchasing an additional 433,676 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after purchasing an additional 219,309 shares in the last quarter. Finally, US Bancorp DE boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the fourth quarter. US Bancorp DE now owns 3,583,701 shares of the company’s stock worth $179,651,000 after purchasing an additional 167,474 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

VTEB opened at $50.66 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The firm’s fifty day simple moving average is $50.11 and its 200 day simple moving average is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date is Monday, March 3rd.

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.