Martin Worley Group Buys New Shares in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Martin Worley Group bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,781 shares of the company’s stock, valued at approximately $591,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTEB. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $1,041,552,000. Brooklyn FI LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% in the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after purchasing an additional 16,313,682 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.4% in the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares during the last quarter. TIAA Trust National Association grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 17.5% during the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after buying an additional 2,308,219 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 26.7% during the 4th quarter. Franklin Resources Inc. now owns 6,742,321 shares of the company’s stock worth $337,993,000 after buying an additional 1,420,106 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.3 %

Shares of NYSEARCA:VTEB opened at $49.54 on Thursday. The stock has a 50-day simple moving average of $50.04 and a 200-day simple moving average of $50.34. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.24 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.1317 per share. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend is Tuesday, April 1st.

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.