Apella Capital LLC Buys 44,649 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Apella Capital LLC grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,264 shares of the company’s stock after acquiring an additional 44,649 shares during the period. Apella Capital LLC owned 0.05% of Vanguard Tax-Exempt Bond ETF worth $21,839,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTEB. JPL Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $25,000. Fairway Wealth LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $28,000. Lowe Wealth Advisors LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. United Financial Planning Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $37,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $49.96 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.18. The stock has a 50-day simple moving average of $50.45 and a 200 day simple moving average of $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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