TIAA Trust National Association Acquires 1,799,750 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

TIAA Trust National Association increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,255,500 shares of the company’s stock after purchasing an additional 1,799,750 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 1.7% of TIAA Trust National Association’s investment portfolio, making the stock its 16th biggest holding. TIAA Trust National Association owned 1.79% of Vanguard Tax-Exempt Bond ETF worth $713,772,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Jane Street Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,498.4% during the 1st quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after acquiring an additional 175,676 shares during the last quarter. Brighton Jones LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at approximately $387,000. Daymark Wealth Partners LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 13.6% in the second quarter. Daymark Wealth Partners LLC now owns 25,610 shares of the company’s stock valued at $1,256,000 after purchasing an additional 3,060 shares during the period. World Investment Advisors raised its position in shares of Vanguard Tax-Exempt Bond ETF by 136.1% in the second quarter. World Investment Advisors now owns 69,329 shares of the company’s stock valued at $3,399,000 after purchasing an additional 39,964 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.0% in the second quarter. Arkadios Wealth Advisors now owns 19,954 shares of the company’s stock worth $978,000 after buying an additional 1,810 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

NYSEARCA VTEB opened at $51.13 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $51.14. The company has a fifty day simple moving average of $50.57 and a 200 day simple moving average of $50.19.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be given a $0.1487 dividend. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, March 2nd.

Vanguard Tax-Exempt Bond ETF 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.