Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Boosted by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,975,205 shares of the company’s stock after purchasing an additional 100,249 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for 1.4% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 19th largest position. Prime Capital Investment Advisors LLC owned about 0.31% of Vanguard Tax-Exempt Bond ETF worth $99,017,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Citigroup Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.9% in the third quarter. Citigroup Inc. now owns 91,122 shares of the company’s stock worth $4,658,000 after buying an additional 3,446 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 15.9% in the 3rd quarter. Fisher Asset Management LLC now owns 46,915 shares of the company’s stock worth $2,398,000 after purchasing an additional 6,444 shares during the last quarter. D.A. Davidson & CO. boosted its position in Vanguard Tax-Exempt Bond ETF by 97.2% during the third quarter. D.A. Davidson & CO. now owns 9,301 shares of the company’s stock worth $475,000 after purchasing an additional 4,584 shares during the period. Townsquare Capital LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 10.4% in the third quarter. Townsquare Capital LLC now owns 97,119 shares of the company’s stock valued at $4,965,000 after purchasing an additional 9,163 shares during the period. Finally, CreativeOne Wealth LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 28.5% in the third quarter. CreativeOne Wealth LLC now owns 37,320 shares of the company’s stock worth $1,908,000 after buying an additional 8,274 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.6 %

NYSEARCA:VTEB opened at $49.54 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.24 and a 1 year high of $51.17. The firm’s fifty day simple moving average is $50.06 and its 200 day simple moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1317 dividend. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

Vanguard Tax-Exempt Bond ETF Company 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.