Vanguard Tax-Exempt Bond ETF $VTEB Position Raised by SageView Advisory Group LLC

SageView Advisory Group LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 449.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 279,584 shares of the company’s stock after acquiring an additional 228,725 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 0.5% of SageView Advisory Group LLC’s investment portfolio, making the stock its 25th largest holding. SageView Advisory Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,999,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Jane Street Group LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1,498.4% in the 1st quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock worth $9,299,000 after purchasing an additional 175,676 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $537,000. Vestmark Advisory Solutions Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth approximately $266,000. Midwest Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF in the 2nd quarter worth approximately $1,905,000. Finally, Addison Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF by 23.2% in the 2nd quarter. Addison Advisors LLC now owns 3,768 shares of the company’s stock valued at $185,000 after acquiring an additional 710 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2%

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.42 on Wednesday. The business’s fifty day moving average price is $50.64 and its two-hundred day moving average price is $50.30. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.