Retirement Investment Advisors Inc. Acquires 14,158 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Retirement Investment Advisors Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 111,552 shares of the company’s stock after acquiring an additional 14,158 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.5% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 13th biggest position. Retirement Investment Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,610,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Apella Capital LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 11.5% during the 4th quarter. Apella Capital LLC now owns 434,264 shares of the company’s stock valued at $21,839,000 after purchasing an additional 44,649 shares during the last quarter. Flagship Harbor Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 50.9% during the 4th quarter. Flagship Harbor Advisors LLC now owns 10,168 shares of the company’s stock valued at $511,000 after purchasing an additional 3,431 shares during the last quarter. Crews Bank & Trust grew its holdings in Vanguard Tax-Exempt Bond ETF by 3.0% during the 4th quarter. Crews Bank & Trust now owns 12,215 shares of the company’s stock valued at $614,000 after purchasing an additional 353 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 126.1% during the 4th quarter. Sound Income Strategies LLC now owns 1,881 shares of the company’s stock valued at $95,000 after purchasing an additional 1,049 shares during the last quarter. Finally, Planning Directions Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.1% during the 4th quarter. Planning Directions Inc. now owns 18,551 shares of the company’s stock valued at $933,000 after purchasing an additional 207 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

Shares of NYSEARCA:VTEB opened at $49.96 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.18. The firm’s 50-day moving average is $50.45 and its 200 day moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1487 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, March 2nd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.