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

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

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Raymond James Financial Inc. bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $1,041,552,000. Life Planning Partners Inc boosted its stake in 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 valued at $69,578,000 after purchasing an additional 1,350,188 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock valued at $1,638,063,000 after acquiring an additional 1,116,602 shares during the last quarter. 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 valued at $269,411,000 after acquiring an additional 818,486 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 19.9% during the 4th quarter. Jones Financial Companies Lllp now owns 3,442,958 shares of the company’s stock valued at $172,596,000 after acquiring an additional 570,671 shares during the last quarter.

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 one year low of $49.49 and a one year high of $51.17. The stock has a fifty day moving average of $50.14 and a 200-day moving average of $50.48.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. The ex-dividend date 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.