Oakworth Capital Inc. Has $847,000 Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Oakworth Capital Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 438.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,893 shares of the company’s stock after purchasing an additional 13,754 shares during the period. Oakworth Capital Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $847,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VTEB. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $29,000. Bogart Wealth LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after acquiring an additional 559 shares during the last quarter. Rise Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 235.1% during the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares during the last quarter. Moisand Fitzgerald Tamayo LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 131.4% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after acquiring an additional 648 shares during the last quarter. Finally, Marquette Asset Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter valued at $59,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.4 %

Shares of VTEB opened at $50.36 on Thursday. The firm’s fifty day simple moving average is $50.27 and its two-hundred day simple moving average is $50.54. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.