Compound Planning Inc. Buys 46,505 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Compound Planning Inc. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 333,192 shares of the company’s stock after purchasing an additional 46,505 shares during the quarter. Compound Planning Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $16,683,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Fairway Wealth LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $28,000. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $29,000. Sound Income Strategies LLC grew its position in Vanguard Tax-Exempt Bond ETF by 1,500.0% during the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after buying an additional 780 shares in the last quarter. Bogart Wealth LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 41.9% during the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock valued at $47,000 after acquiring an additional 279 shares during the period. Finally, Avalon Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $49,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of VTEB stock opened at $50.96 on Tuesday. The stock has a 50 day moving average of $50.52 and a two-hundred day moving average of $50.16. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.99.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1398 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, February 2nd.

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.