Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) is Waldron Private Wealth LLC’s 6th Largest Position

Waldron Private Wealth LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,174,659 shares of the company’s stock after purchasing an additional 13,618 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 2.4% of Waldron Private Wealth LLC’s portfolio, making the stock its 6th biggest holding. Waldron Private Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $58,886,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after acquiring an additional 818,486 shares during the last quarter. Astoria Strategic Wealth Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at $33,647,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock valued at $104,367,000 after acquiring an additional 535,526 shares during the last quarter. Finally, One Wealth Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $23,802,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.13 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The firm has a 50-day moving average price of $50.31 and a 200 day moving average price of $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be given a dividend of $0.1317 per share. The ex-dividend date of this dividend is Monday, February 3rd. 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.