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

Dynasty Wealth Management LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 109,139 shares of the company’s stock after acquiring an additional 8,118 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,471,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTEB. Life Planning Partners Inc grew its position in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% during the fourth quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock worth $69,578,000 after acquiring an additional 1,350,188 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares during the period. Franklin Resources Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after purchasing an additional 818,486 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 35.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock valued at $104,367,000 after purchasing an additional 535,526 shares during the period. Finally, Jordan Park Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at about $23,287,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

Shares of VTEB opened at $50.52 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm has a 50-day simple moving average of $50.10 and a 200-day simple moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1317 per share. 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.