Avidian Wealth Enterprises LLC Grows Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Avidian Wealth Enterprises LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,056,831 shares of the company’s stock after purchasing an additional 4,131 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 2.4% of Avidian Wealth Enterprises LLC’s investment portfolio, making the stock its 9th biggest holding. Avidian Wealth Enterprises LLC owned about 0.17% of Vanguard Tax-Exempt Bond ETF worth $52,979,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $29,000. Bogart Wealth LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after buying an additional 559 shares in the last quarter. Peterson Wealth Services acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $80,000. New Republic Capital LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $83,000. Finally, Eastern Bank acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $86,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

VTEB stock opened at $50.16 on Wednesday. The stock has a 50-day moving average price of $50.21 and a two-hundred day moving average price of $50.53. 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, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1317 per share. The ex-dividend date of this dividend 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.