Long Run Wealth Advisors LLC Acquires 1,498 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Long Run Wealth Advisors LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 26.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,148 shares of the company’s stock after purchasing an additional 1,498 shares during the quarter. Long Run Wealth Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $358,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VTEB. Charles Schwab Investment Management Inc. increased its stake in shares of 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 buying an additional 1,003,475 shares during the period. Franklin Resources Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd 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 during the period. Astoria Strategic Wealth Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $33,647,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock worth $104,367,000 after purchasing an additional 535,526 shares during the period. Finally, One Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $23,802,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $50.36 on Thursday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The stock has a 50-day moving average of $50.27 and a 200-day moving average of $50.54.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1317 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change 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.