Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stock Position Boosted by RWA Wealth Partners LLC

RWA Wealth Partners LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,336,522 shares of the company’s stock after buying an additional 60,706 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.1% of RWA Wealth Partners LLC’s investment portfolio, making the stock its 10th largest position. RWA Wealth Partners LLC owned 0.52% of Vanguard Tax-Exempt Bond ETF worth $167,260,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTEB. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $29,000. Advantage Trust Co purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $48,000. Millstone Evans Group LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $57,000. Finally, Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $80,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $49.54 on Friday. The stock’s 50-day moving average price is $50.06 and its 200 day moving average price is $50.37. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.24 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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