Conquis Financial LLC Acquires New Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Conquis Financial LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,938 shares of the company’s stock, valued at approximately $448,000. Vanguard Tax-Exempt Bond ETF accounts for about 0.5% of Conquis Financial LLC’s holdings, making the stock its 16th largest position.

A number of other hedge funds also recently added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $29,000. Nemes Rush Group LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 1,238.3% during the 4th quarter. Nemes Rush Group LLC now owns 629 shares of the company’s stock worth $32,000 after purchasing an additional 582 shares during the period. Advantage Trust Co purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $42,000. Cromwell Holdings LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $48,000. Finally, Millstone Evans Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $57,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $49.80 on Friday. The company’s 50 day moving average price is $50.04 and its 200 day moving average price is $50.34. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.24 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.1317 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Receive News & Ratings for Vanguard Tax-Exempt Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Tax-Exempt Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.