Vanguard Tax-Exempt Bond ETF $VTEB Shares Bought by Diversified Portfolios Inc.

Diversified Portfolios Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,770 shares of the company’s stock after buying an additional 14,192 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,146,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Jane Street Group LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1,498.4% in the first 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 in the last quarter. Sigma Planning Corp grew its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% during the 2nd quarter. Sigma Planning Corp now owns 18,226 shares of the company’s stock valued at $894,000 after purchasing an additional 373 shares in the last quarter. Bank of Montreal Can acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 2nd quarter valued at $537,000. Bank of New York Mellon Corp lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,284,644 shares of the company’s stock worth $62,986,000 after buying an additional 26,199 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in Vanguard Tax-Exempt Bond ETF by 1,881.2% in the 2nd quarter. Huntington National Bank now owns 38,297 shares of the company’s stock worth $1,878,000 after buying an additional 36,364 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.57 on Thursday. 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 50-day moving average of $50.62 and a 200-day moving average of $50.25.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1487 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.