U.S. Capital Wealth Advisors LLC Boosts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

U.S. Capital Wealth Advisors LLC increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 86.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,579 shares of the company’s stock after buying an additional 8,133 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $881,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in VTEB. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after acquiring an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares in the last quarter. Astoria Strategic Wealth Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $33,647,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock valued at $104,367,000 after buying an additional 535,526 shares in the last quarter. Finally, One Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $23,802,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.18 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The company’s fifty day moving average price is $50.28 and its 200-day moving average price is $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

About Vanguard Tax-Exempt Bond ETF

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.