Bedel Financial Consulting Inc. Has $33.11 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

Bedel Financial Consulting Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 661,268 shares of the company’s stock after buying an additional 15,042 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 4.2% of Bedel Financial Consulting Inc.’s portfolio, making the stock its 3rd biggest position. Bedel Financial Consulting Inc. owned approximately 0.08% of Vanguard Tax-Exempt Bond ETF worth $33,110,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $28,000. Lowe Wealth Advisors LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. Sound Income Strategies LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1,500.0% during the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock valued at $42,000 after purchasing an additional 780 shares in the last quarter. Bogart Wealth LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 41.9% during the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock worth $47,000 after buying an additional 279 shares during the last quarter. Finally, Avalon Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the second quarter worth $49,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Vanguard Tax-Exempt Bond ETF stock opened at $50.84 on Tuesday. The firm’s fifty day moving average price is $50.45 and its two-hundred day moving average price is $50.09. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $50.92.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1398 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

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.