CFO4Life Group LLC Increases Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

CFO4Life Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.6% during the 4th quarter, Holdings Channel reports. The firm owned 20,150 shares of the company’s stock after buying an additional 694 shares during the quarter. CFO4Life Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,010,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. HBK Sorce Advisory LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 37.4% in the 4th quarter. HBK Sorce Advisory LLC now owns 677,785 shares of the company’s stock worth $33,977,000 after purchasing an additional 184,384 shares in the last quarter. Penobscot Wealth Management lifted its stake in Vanguard Tax-Exempt Bond ETF by 14.8% in the 4th quarter. Penobscot Wealth Management now owns 7,491 shares of the company’s stock worth $376,000 after purchasing an additional 964 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in Vanguard Tax-Exempt Bond ETF by 18.4% in the 4th quarter. Avantax Advisory Services Inc. now owns 184,516 shares of the company’s stock worth $9,250,000 after purchasing an additional 28,642 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 58.2% in the 4th quarter. Farther Finance Advisors LLC now owns 114,967 shares of the company’s stock worth $5,763,000 after purchasing an additional 42,274 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 67.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 36,651 shares of the company’s stock valued at $1,837,000 after buying an additional 14,807 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

Shares of NYSEARCA:VTEB opened at $49.77 on Thursday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The company has a 50-day moving average price of $50.12 and a 200 day moving average price of $50.46.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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