Vanguard Tax-Exempt Bond ETF $VTEB Stock Position Lifted by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 49.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,090 shares of the company’s stock after acquiring an additional 13,002 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.5% of Rainier Family Wealth Inc.’s holdings, making the stock its 21st largest position. Rainier Family Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,966,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VTEB. Hanson & Doremus Investment Management raised its position in shares of Vanguard Tax-Exempt Bond ETF by 8.4% during the 4th quarter. Hanson & Doremus Investment Management now owns 136,880 shares of the company’s stock valued at $6,884,000 after acquiring an additional 10,605 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in Vanguard Tax-Exempt Bond ETF by 35.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 261,447 shares of the company’s stock worth $13,148,000 after purchasing an additional 68,367 shares during the last quarter. Relyea Zuckerberg Hanson LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 8.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 28,281 shares of the company’s stock worth $1,422,000 after purchasing an additional 2,301 shares during the period. 1900 Wealth Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 2.6% in the fourth quarter. 1900 Wealth Management LLC now owns 102,361 shares of the company’s stock worth $5,148,000 after purchasing an additional 2,626 shares during the period. Finally, Aspiriant LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 4.4% during the fourth quarter. Aspiriant LLC now owns 4,304,051 shares of the company’s stock valued at $216,451,000 after purchasing an additional 179,816 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock opened at $50.00 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18. The firm has a fifty day moving average price of $50.46 and a two-hundred day moving average price of $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1487 dividend. 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) annualized dividend 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.