Mallini Complete Financial Planning LLC Acquires Shares of 171,017 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Mallini Complete Financial Planning LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 171,017 shares of the company’s stock, valued at approximately $8,573,000. Vanguard Tax-Exempt Bond ETF accounts for approximately 8.1% of Mallini Complete Financial Planning LLC’s investment portfolio, making the stock its 4th biggest holding.

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

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA VTEB opened at $49.76 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock’s 50-day simple moving average is $50.11 and its 200-day simple moving average is $50.45.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given 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, March 3rd.

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.