Hilltop Partners LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Hilltop Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 10.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,874 shares of the company’s stock after purchasing an additional 3,503 shares during the period. Hilltop Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,849,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VTEB. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after buying an additional 1,003,475 shares in 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 period. LPL Financial LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after acquiring an additional 433,676 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after acquiring an additional 219,309 shares during the period. Finally, US Bancorp DE increased its stake in Vanguard Tax-Exempt Bond ETF by 1.2% in the 3rd quarter. US Bancorp DE now owns 3,416,227 shares of the company’s stock valued at $174,637,000 after purchasing an additional 41,437 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

Shares of VTEB stock opened at $50.52 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock has a fifty day moving average price of $50.10 and a 200 day moving average price of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1317 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change 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.