Congress Wealth Management LLC DE Acquires 550 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Congress Wealth Management LLC DE lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 100,211 shares of the company’s stock after purchasing an additional 550 shares during the period. Congress Wealth Management LLC DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,024,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in VTEB. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $29,000. Advantage Trust Co bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $48,000. Millstone Evans Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $57,000. Finally, Peterson Wealth Services purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $80,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

NYSEARCA:VTEB opened at $49.59 on Wednesday. The company has a fifty day moving average of $50.09 and a 200 day moving average of $50.40. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.