1,138 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Acquired by Millstone Evans Group LLC

Millstone Evans Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,138 shares of the company’s stock, valued at approximately $57,000.

Several other hedge funds and other institutional investors have also modified their holdings of VTEB. Raymond James Financial Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $1,041,552,000. Brooklyn FI LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 6,485.4% in the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after purchasing an additional 16,313,682 shares in the last quarter. Life Planning Partners Inc grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% during the fourth quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock worth $69,578,000 after purchasing an additional 1,350,188 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock valued at $1,638,063,000 after buying an additional 1,116,602 shares in the last quarter. Finally, 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 valued at $269,411,000 after buying an additional 818,486 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Vanguard Tax-Exempt Bond ETF stock opened at $49.78 on Monday. The stock has a 50-day simple moving average of $50.09 and a 200 day simple moving average of $50.42. 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 firm also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Tax-Exempt Bond ETF Company 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.