Enclave Advisors LLC Has $2.24 Million Stake in Vanguard Tax-Exempt Bond ETF $VTEB

Enclave Advisors LLC reduced its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 28.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 44,533 shares of the company’s stock after selling 17,935 shares during the quarter. Enclave Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,240,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Tax-Exempt Bond ETF by 1.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock worth $1,789,885,000 after buying an additional 580,997 shares during the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.4% during the third quarter. Wealthfront Advisers LLC now owns 22,264,110 shares of the company’s stock valued at $1,114,764,000 after purchasing an additional 1,347,394 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after acquiring an additional 386,204 shares during the last quarter. TIAA Trust National Association increased its position in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after purchasing an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Vanguard Tax-Exempt Bond ETF by 5.0% during the third quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock worth $693,922,000 after buying an additional 654,293 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

NYSEARCA:VTEB opened at $49.64 on Friday. The firm’s 50 day moving average is $50.52 and its 200 day moving average is $50.37. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1487 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.