Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 19.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 125,174 shares of the company’s stock after acquiring an additional 20,323 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,275,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of VTEB. AQR Capital Management LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth about $516,000. Brewster Financial Planning LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 38.1% during the third quarter. Brewster Financial Planning LLC now owns 13,012 shares of the company’s stock worth $665,000 after acquiring an additional 3,590 shares during the period. Towneley Capital Management Inc DE grew its holdings in Vanguard Tax-Exempt Bond ETF by 5.6% during the third quarter. Towneley Capital Management Inc DE now owns 117,536 shares of the company’s stock worth $6,008,000 after acquiring an additional 6,220 shares during the period. Brookstone Capital Management increased its stake in Vanguard Tax-Exempt Bond ETF by 7.7% in the 3rd quarter. Brookstone Capital Management now owns 307,631 shares of the company’s stock worth $15,726,000 after purchasing an additional 21,963 shares in the last quarter. Finally, Marquette Asset Management LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth about $59,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.36 on Thursday. The business’s 50-day moving average price is $50.27 and its 200 day moving average price is $50.54. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1317 dividend. 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.