Life Planning Partners Inc Acquires 1,350,188 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Life Planning Partners Inc lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3,575.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,387,949 shares of the company’s stock after buying an additional 1,350,188 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 0.5% of Life Planning Partners Inc’s portfolio, making the stock its 28th largest holding. Life Planning Partners Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $69,578,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $29,000. Bogart Wealth LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after buying an additional 559 shares during the period. Peterson Wealth Services acquired a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth approximately $80,000. New Republic Capital LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $83,000. Finally, Eastern Bank bought a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $86,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.4 %

NYSEARCA:VTEB opened at $50.14 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The stock has a fifty day moving average price of $50.18 and a 200-day moving average price of $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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