Vanguard Tax-Exempt Bond ETF $VTEB Stock Position Lifted by Accredited Wealth Management LLC

Accredited Wealth Management LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 666.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,255 shares of the company’s stock after acquiring an additional 68,045 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 3.2% of Accredited Wealth Management LLC’s holdings, making the stock its 8th biggest position. Accredited Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,918,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1,498.4% during the first quarter. Jane Street Group LLC now owns 187,400 shares of the company’s stock valued at $9,299,000 after buying an additional 175,676 shares during the last quarter. Brighton Jones LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $387,000. Daymark Wealth Partners LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 13.6% in the 2nd quarter. Daymark Wealth Partners LLC now owns 25,610 shares of the company’s stock worth $1,256,000 after purchasing an additional 3,060 shares during the period. World Investment Advisors increased its position in shares of Vanguard Tax-Exempt Bond ETF by 136.1% during the 2nd quarter. World Investment Advisors now owns 69,329 shares of the company’s stock valued at $3,399,000 after purchasing an additional 39,964 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in Vanguard Tax-Exempt Bond ETF by 10.0% during the 2nd quarter. Arkadios Wealth Advisors now owns 19,954 shares of the company’s stock valued at $978,000 after buying an additional 1,810 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

NYSEARCA VTEB opened at $51.15 on Friday. The company has a fifty day moving average of $50.59 and a two-hundred day moving average of $50.20. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be paid a dividend of $0.1487 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.