Wingate Wealth Advisors Inc. Invests $833,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wingate Wealth Advisors Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 16,624 shares of the company’s stock, valued at approximately $833,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the period. Rise Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 235.1% in the third quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after acquiring an additional 771 shares in the last quarter. Compagnie Lombard Odier SCmA purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $81,000. Finally, Eastern Bank acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $86,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTEB opened at $50.23 on Monday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The company’s 50 day moving average is $50.23 and its two-hundred day moving average is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1317 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

Vanguard Tax-Exempt Bond ETF 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.