12,569 Shares in Vanguard Tax-Exempt Bond ETF $VTEB Bought by Cypress Financial Planning LLC

Cypress Financial Planning LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 12,569 shares of the company’s stock, valued at approximately $632,000.

Several other institutional investors also recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $25,000. Fairway Wealth LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $28,000. Lowe Wealth Advisors LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. United Financial Planning Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter valued at about $37,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

Shares of VTEB opened at $49.64 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.18. The stock’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company 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.