Cornerstone Advisors Asset Management LLC Boosts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cornerstone Advisors Asset Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 30.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,404 shares of the company’s stock after purchasing an additional 14,951 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,229,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Whittier Trust Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 182.5% in the third quarter. Whittier Trust Co. now owns 5,706 shares of the company’s stock valued at $292,000 after acquiring an additional 3,686 shares during the last quarter. Evernest Financial Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the 3rd quarter. Evernest Financial Advisors LLC now owns 18,123 shares of the company’s stock worth $926,000 after purchasing an additional 692 shares during the period. Integrity Wealth Solutions LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.9% in the 3rd quarter. Integrity Wealth Solutions LLC now owns 47,651 shares of the company’s stock worth $2,436,000 after purchasing an additional 3,073 shares during the period. Foundations Investment Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 140.9% in the 3rd quarter. Foundations Investment Advisors LLC now owns 9,981 shares of the company’s stock valued at $510,000 after purchasing an additional 5,837 shares in the last quarter. Finally, Oakworth Capital Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $160,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

VTEB opened at $50.07 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The company has a 50 day moving average of $50.12 and a two-hundred day moving average of $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid 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 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.