Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Jacobson & Schmitt Advisors LLC

Jacobson & Schmitt Advisors LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 184,147 shares of the company’s stock after buying an additional 22,363 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 1.8% of Jacobson & Schmitt Advisors LLC’s investment portfolio, making the stock its 29th largest position. Jacobson & Schmitt Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,231,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sterling Financial Planning Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 22.6% during the fourth quarter. Sterling Financial Planning Inc. now owns 62,472 shares of the company’s stock worth $3,132,000 after buying an additional 11,509 shares during the last quarter. Private Advisor Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 7.9% during the fourth quarter. Private Advisor Group LLC now owns 241,964 shares of the company’s stock worth $12,130,000 after buying an additional 17,650 shares during the last quarter. Good Life Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 11.0% in the 4th quarter. Good Life Advisors LLC now owns 6,389 shares of the company’s stock valued at $320,000 after purchasing an additional 632 shares during the last quarter. Cannon Financial Strategists Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 14.6% in the 4th quarter. Cannon Financial Strategists Inc. now owns 54,655 shares of the company’s stock valued at $2,740,000 after purchasing an additional 6,978 shares during the last quarter. Finally, Joel Adams & Associates Inc. acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $11,116,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.14 on Thursday. 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 simple moving average is $50.09 and its 200-day simple moving average is $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders 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 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.