Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Tortoise Investment Management LLC

Tortoise Investment Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,027 shares of the company’s stock after buying an additional 1,652 shares during the period. Tortoise Investment Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,561,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VTEB. FSC Wealth Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after buying an additional 216 shares during the period. Cypress Wealth Services LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after purchasing an additional 223 shares in the last quarter. Family Investment Center Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock valued at $283,000 after acquiring an additional 223 shares in the last quarter. Allen Capital Group LLC raised its position in Vanguard Tax-Exempt Bond ETF by 4.0% during the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after acquiring an additional 227 shares in the last quarter. Finally, Lpwm LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the fourth quarter. Lpwm LLC now owns 16,792 shares of the company’s stock valued at $842,000 after purchasing an additional 245 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.07 on Monday. The company’s fifty day simple moving average is $50.14 and its 200-day simple moving average is $50.48. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, March 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.