Carter Financial Group INC. Makes New $1.01 Million Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Carter Financial Group INC. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,081 shares of the company’s stock, valued at approximately $1,005,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Ausdal Financial Partners Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 157.8% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 28,960 shares of the company’s stock worth $1,450,000 after buying an additional 17,725 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 10.4% in the third quarter. Bank of America Corp DE now owns 10,716,426 shares of the company’s stock valued at $536,571,000 after acquiring an additional 1,005,910 shares in the last quarter. Zacks Investment Management purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $232,000. Raymond James Financial Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock worth $1,112,419,000 after acquiring an additional 386,204 shares during the last quarter. Finally, Equitable Holdings Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.3% in the third quarter. Equitable Holdings Inc. now owns 269,805 shares of the company’s stock worth $13,509,000 after acquiring an additional 27,450 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3%

Shares of VTEB opened at $50.36 on Friday. The stock has a 50 day moving average price of $50.64 and a 200 day moving average price of $50.32. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced 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 of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.5%.

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.