Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 80,052 shares of the company’s stock after acquiring an additional 4,311 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 1.0% of Cherry Tree Wealth Management LLC’s holdings, making the stock its 29th biggest holding. Cherry Tree Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,013,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $29,000. Advantage Trust Co purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $42,000. Cromwell Holdings LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $48,000. Peterson Wealth Services purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $80,000. Finally, New Republic Capital LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $83,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.36 on Monday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The company has a fifty day simple moving average of $50.08 and a 200-day simple moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.