Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stake Increased by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 26.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,251 shares of the company’s stock after purchasing an additional 31,276 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,532,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Rialto Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $1,823,000. Lifeworks Advisors LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 13.4% in the fourth quarter. Lifeworks Advisors LLC now owns 10,895 shares of the company’s stock valued at $546,000 after purchasing an additional 1,290 shares in the last quarter. Blankinship & Foster LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $672,000. PNC Financial Services Group Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,536,729 shares of the company’s stock worth $127,166,000 after acquiring an additional 153,764 shares in the last quarter. Finally, Red Lighthouse Investment Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $165,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.0 %

Shares of NYSEARCA:VTEB opened at $50.07 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The business has a fifty day simple moving average of $50.14 and a 200 day simple moving average of $50.48.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

About Vanguard Tax-Exempt Bond ETF

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.