Chesley Taft & Associates LLC Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Chesley Taft & Associates LLC boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 150,812 shares of the company’s stock after acquiring an additional 23,425 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,584,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in VTEB. Wellington Management Group LLP acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $347,641,000. Betterment LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after buying an additional 6,090,513 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after buying an additional 3,458,654 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 49.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock valued at $480,241,000 after buying an additional 3,187,040 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 30.6% in the second quarter. Sei Investments Co. now owns 13,204,759 shares of the company’s stock valued at $647,430,000 after buying an additional 3,094,388 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

Shares of VTEB stock opened at $49.64 on Friday. The business’s fifty day moving average price is $50.52 and its 200 day moving average price is $50.38. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.