Charles Schwab Investment Management Inc. Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Charles Schwab Investment Management Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,676,296 shares of the company’s stock after purchasing an additional 1,116,602 shares during the period. Charles Schwab Investment Management Inc. owned 5.11% of Vanguard Tax-Exempt Bond ETF worth $1,638,063,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $29,000. Advantage Trust Co bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $48,000. Peterson Wealth Services bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $80,000. Finally, New Republic Capital LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $83,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $50.46 on Tuesday. The firm has a 50 day moving average of $50.12 and a 200-day moving average of $50.50. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend is Monday, March 3rd.

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.