Diversified Portfolios Inc. Invests $409,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Posted by Stacy Sanders on Feb 12th, 2025

Diversified Portfolios Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,150 shares of the company’s stock, valued at approximately $409,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Safe Harbor Fiduciary LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at $29,000. Bogart Wealth LLC grew its position in Vanguard Tax-Exempt Bond ETF by 2,942.1% in the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock valued at $30,000 after buying an additional 559 shares in the last quarter. Peterson Wealth Services acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $80,000. New Republic Capital LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $83,000. Finally, Eastern Bank acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $86,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

NYSEARCA VTEB opened at $50.16 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 50 day simple moving average is $50.21 and its 200 day simple moving average is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

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.