Red Tortoise LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Red Tortoise LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 25.3% in the fourth quarter, Holdings Channel reports. The fund owned 15,110 shares of the company’s stock after buying an additional 3,052 shares during the period. Red Tortoise LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $757,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. Bogart Wealth LLC raised its stake in 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 in the last quarter. Rise Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after buying an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 131.4% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock worth $58,000 after buying an additional 648 shares during the last quarter. Finally, Marquette Asset Management LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $59,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.13 on Monday. The stock’s 50-day simple moving average is $50.30 and its 200-day simple moving average is $50.54. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.1317 per share. The ex-dividend date is Monday, February 3rd. This is an increase 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.