Vanguard Tax-Exempt Bond ETF $VTEB Stock Position Raised by Aspiriant LLC

Aspiriant LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,304,051 shares of the company’s stock after purchasing an additional 179,816 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 6.2% of Aspiriant LLC’s holdings, making the stock its 5th largest holding. Aspiriant LLC owned about 0.51% of Vanguard Tax-Exempt Bond ETF worth $216,451,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock worth $1,789,885,000 after purchasing an additional 580,997 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings 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 worth $1,114,764,000 after purchasing an additional 1,347,394 shares during the period. Raymond James Financial Inc. boosted its holdings 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 worth $1,112,419,000 after purchasing an additional 386,204 shares during the period. TIAA Trust National Association increased its stake in 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 valued at $713,772,000 after purchasing an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. increased its stake in 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 valued at $693,922,000 after purchasing an additional 654,293 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $50.00 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.18. The company has a 50-day simple moving average of $50.46 and a 200-day simple moving average of $50.37.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.