TIAA Trust National Association Buys 2,308,219 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

TIAA Trust National Association grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 17.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,533,140 shares of the company’s stock after buying an additional 2,308,219 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 2.4% of TIAA Trust National Association’s investment portfolio, making the stock its 10th biggest position. TIAA Trust National Association’s holdings in Vanguard Tax-Exempt Bond ETF were worth $778,677,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its position in shares of Vanguard Tax-Exempt Bond ETF by 19.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 85,628 shares of the company’s stock worth $4,377,000 after acquiring an additional 13,871 shares in the last quarter. Citigroup Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 3.9% in the third quarter. Citigroup Inc. now owns 91,122 shares of the company’s stock worth $4,658,000 after purchasing an additional 3,446 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 145.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 73,368 shares of the company’s stock worth $3,751,000 after buying an additional 43,437 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 15.9% during the 3rd quarter. Fisher Asset Management LLC now owns 46,915 shares of the company’s stock worth $2,398,000 after buying an additional 6,444 shares during the period. Finally, Bank of Hawaii increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.8% in the 3rd quarter. Bank of Hawaii now owns 496,230 shares of the company’s stock valued at $25,367,000 after acquiring an additional 18,179 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

Vanguard Tax-Exempt Bond ETF stock opened at $49.68 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The firm’s fifty day moving average is $50.09 and its 200 day moving average is $50.41.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. The ex-dividend date was Monday, March 3rd. This is a boost 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.