Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Opes Wealth Management LLC

Opes Wealth Management LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,519 shares of the company’s stock after purchasing an additional 8,034 shares during the quarter. Opes Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Valmark Advisers Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 7.0% during the 4th quarter. Valmark Advisers Inc. now owns 168,999 shares of the company’s stock worth $8,472,000 after purchasing an additional 10,998 shares in the last quarter. Kuhn & Co Investment Counsel increased its position in Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. Kuhn & Co Investment Counsel now owns 38,439 shares of the company’s stock worth $1,927,000 after purchasing an additional 1,999 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $1,587,000. Allworth Financial LP increased its position in Vanguard Tax-Exempt Bond ETF by 15.4% during the 4th quarter. Allworth Financial LP now owns 649,434 shares of the company’s stock worth $32,491,000 after purchasing an additional 86,697 shares in the last quarter. Finally, Principal Securities Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 2.8% during the 4th quarter. Principal Securities Inc. now owns 119,105 shares of the company’s stock worth $5,971,000 after purchasing an additional 3,253 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.19 on Friday. The stock has a 50-day moving average price of $50.14 and a 200 day moving average price of $50.52. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.