Mather Group LLC. Buys 23,398 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Mather Group LLC. increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 962,724 shares of the company’s stock after acquiring an additional 23,398 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises 0.6% of Mather Group LLC.’s investment portfolio, making the stock its 28th largest holding. Mather Group LLC. owned approximately 0.15% of Vanguard Tax-Exempt Bond ETF worth $48,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VTEB. Charles Schwab Investment Management Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.3% in 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. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the period. Astoria Strategic Wealth Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at approximately $33,647,000. Wealth Enhancement Advisory Services LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after acquiring an additional 535,526 shares during the period. Finally, One Wealth Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $23,802,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of VTEB stock opened at $50.07 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The business’s fifty day moving average is $50.30 and its 200 day moving average is $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be issued 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 is 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.