Valeo Financial Advisors LLC Grows Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Valeo Financial Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,282 shares of the company’s stock after acquiring an additional 21,572 shares during the period. Valeo Financial Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,737,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $29,000. Bogart Wealth LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares during the last quarter. Peterson Wealth Services bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $80,000. New Republic Capital LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $83,000. Finally, Eastern Bank bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $86,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a 50-day simple moving average of $50.16 and a two-hundred day simple moving average of $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1317 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase 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.