Allodium Investment Consultants LLC Buys New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Allodium Investment Consultants LLC acquired a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 51,746 shares of the company’s stock, valued at approximately $2,594,000. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.2% of Allodium Investment Consultants LLC’s portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTEB. Life Planning Partners Inc lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% during the 4th quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock worth $69,578,000 after acquiring an additional 1,350,188 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares during the period. Franklin Resources Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after buying an additional 535,526 shares during the period. Finally, Jordan Park Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $23,287,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The business has a fifty day moving average of $50.08 and a two-hundred day moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders 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 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.