Vanguard Tax-Exempt Bond ETF (VTEB) To Go Ex-Dividend on February 2nd

Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) announced a monthly dividend on Thursday, January 8th. Investors of record on Monday, February 2nd will be given a dividend of 0.1398 per share on Wednesday, February 4th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Monday, February 2nd.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB traded up $0.04 during trading hours on Friday, hitting $50.56. 12,800,136 shares of the company traded hands, compared to its average volume of 7,791,177. The business’s 50-day moving average is $50.38 and its 200-day moving average is $49.91. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $50.68.

Institutional Investors Weigh In On Vanguard Tax-Exempt Bond ETF

Several hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 39.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after purchasing an additional 30,774,028 shares during the last quarter. Wellington Management Group LLP bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $347,641,000. Betterment LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after acquiring an additional 6,090,513 shares in the last quarter. Corient Private Wealth LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 87.6% in the second quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after purchasing an additional 3,458,654 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 49.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after acquiring an additional 3,187,040 shares during the period.

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.