Vanguard Tax-Exempt Bond ETF (VTEB) to Issue Monthly Dividend of $0.15 on March 4th

Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) declared a monthly dividend on Thursday, January 8th. Stockholders of record on Monday, March 2nd will be given a dividend of 0.1487 per share on Wednesday, March 4th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, March 2nd. This is a 6.4% increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

Shares of VTEB stock traded up $0.02 during trading hours on Friday, reaching $51.15. 4,779,920 shares of the stock traded hands, compared to its average volume of 8,337,744. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18. The business has a fifty day moving average price of $50.59 and a 200 day moving average price of $50.20.

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.