Martin Worley Group Buys New Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Martin Worley Group purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 11,781 shares of the company’s stock, valued at approximately $591,000.

Several other large investors also recently bought and sold shares of VTEB. Raymond James Financial Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $1,041,552,000. Brooklyn FI LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 6,485.4% during the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after buying an additional 16,313,682 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock worth $3,945,012,000 after buying an additional 4,022,038 shares in the last quarter. TIAA Trust National Association boosted its position in Vanguard Tax-Exempt Bond ETF by 17.5% in the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after buying an additional 2,308,219 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 26.7% during the fourth quarter. Franklin Resources Inc. now owns 6,742,321 shares of the company’s stock valued at $337,993,000 after acquiring an additional 1,420,106 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3 %

NYSEARCA:VTEB opened at $49.54 on Thursday. Vanguard Tax-Exempt Bond ETF has a one year low of $49.24 and a one year high of $51.17. The business’s 50-day simple moving average is $50.04 and its 200 day simple moving average is $50.34.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be paid 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 of this dividend is Tuesday, April 1st.

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.