51,746 Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Purchased by Allodium Investment Consultants LLC

Allodium Investment Consultants LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 51,746 shares of the company’s stock, valued at approximately $2,594,000. Vanguard Tax-Exempt Bond ETF comprises 2.2% of Allodium Investment Consultants LLC’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in VTEB. Lansing Street Advisors lifted its position in Vanguard Tax-Exempt Bond ETF by 12.6% during the fourth quarter. Lansing Street Advisors now owns 15,986 shares of the company’s stock worth $801,000 after buying an additional 1,787 shares during the period. Lutz Financial Services LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.5% during the fourth quarter. Lutz Financial Services LLC now owns 1,400,550 shares of the company’s stock valued at $70,210,000 after purchasing an additional 60,445 shares during the period. Pinnacle Financial Partners Inc increased its stake in Vanguard Tax-Exempt Bond ETF by 3.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 564,824 shares of the company’s stock valued at $28,760,000 after buying an additional 16,927 shares during the period. Sigma Planning Corp increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 155.0% during the fourth quarter. Sigma Planning Corp now owns 16,121 shares of the company’s stock valued at $808,000 after acquiring an additional 9,798 shares during the period. Finally, Wealth Management Nebraska acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $366,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm’s 50 day simple moving average is $50.08 and its 200-day simple moving average is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1317 per share. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.