FFT Wealth Management LLC Increases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

FFT Wealth Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,589 shares of the company’s stock after acquiring an additional 5,458 shares during the quarter. FFT Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,285,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 5,012.0% in the 3rd quarter. International Assets Investment Management LLC now owns 178,818 shares of the company’s stock valued at $9,141,000 after buying an additional 175,320 shares during the period. Dakota Wealth Management boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.7% in the third quarter. Dakota Wealth Management now owns 5,925 shares of the company’s stock valued at $303,000 after purchasing an additional 758 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.3% in the third quarter. J.W. Cole Advisors Inc. now owns 33,840 shares of the company’s stock valued at $1,730,000 after purchasing an additional 443 shares during the period. Hunter Associates Investment Management LLC raised its position in Vanguard Tax-Exempt Bond ETF by 6.7% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 109,439 shares of the company’s stock valued at $5,599,000 after purchasing an additional 6,885 shares in the last quarter. Finally, Barry Investment Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $252,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.54 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The business’s fifty day simple moving average is $50.08 and its 200-day simple moving average is $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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