Daymark Wealth Partners LLC Increases Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Daymark Wealth Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 47.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,335 shares of the company’s stock after purchasing an additional 14,591 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Tax-Exempt Bond ETF by 1.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock worth $1,789,885,000 after acquiring an additional 580,997 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 6.4% in the third quarter. Wealthfront Advisers LLC now owns 22,264,110 shares of the company’s stock valued at $1,114,764,000 after acquiring an additional 1,347,394 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.8% in the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after acquiring an additional 386,204 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the third quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock worth $713,772,000 after purchasing an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.0% during the third quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock worth $693,922,000 after purchasing an additional 654,293 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.2%

VTEB opened at $49.73 on Thursday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.18. The business’s 50-day simple moving average is $50.56 and its 200-day simple moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1487 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.