Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Lifeworks Advisors LLC

Lifeworks Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,895 shares of the company’s stock after buying an additional 1,290 shares during the period. Lifeworks Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTEB. Blankinship & Foster LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at about $672,000. PNC Financial Services Group Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 6.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,536,729 shares of the company’s stock worth $127,166,000 after purchasing an additional 153,764 shares during the last quarter. Red Lighthouse Investment Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $165,000. Oak Hill Wealth Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 200.6% during the 4th quarter. Oak Hill Wealth Advisors LLC now owns 32,094 shares of the company’s stock valued at $1,609,000 after purchasing an additional 64,003 shares in the last quarter. Finally, Haven Private LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth $561,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.07 on Friday. The company’s fifty day moving average price is $50.14 and its 200-day moving average price is $50.48. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company 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.