Stratos Wealth Advisors LLC Buys 1,759 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Stratos Wealth Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 76,749 shares of the company’s stock after purchasing an additional 1,759 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stratos Wealth Partners LTD. increased its position in shares of Vanguard Tax-Exempt Bond ETF by 41.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 173,408 shares of the company’s stock worth $8,693,000 after purchasing an additional 51,140 shares in the last quarter. Sargent Investment Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 76.0% during the fourth quarter. Sargent Investment Group LLC now owns 30,162 shares of the company’s stock worth $1,496,000 after buying an additional 13,025 shares during the last quarter. Mather Group LLC. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.5% during the fourth quarter. Mather Group LLC. now owns 962,724 shares of the company’s stock worth $48,261,000 after buying an additional 23,398 shares in the last quarter. Newton One Investments LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. Newton One Investments LLC now owns 282,210 shares of the company’s stock valued at $14,147,000 after acquiring an additional 14,648 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 179.1% in the 4th quarter. Kathleen S. Wright Associates Inc. now owns 14,647 shares of the company’s stock worth $734,000 after acquiring an additional 9,400 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.18 on Wednesday. The stock’s 50 day simple moving average is $50.28 and its 200 day simple moving average is $50.54. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be paid a $0.1317 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

Vanguard Tax-Exempt Bond ETF 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.