Chesley Taft & Associates LLC Grows Position in Vanguard Tax-Exempt Bond ETF $VTEB

Chesley Taft & Associates LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 150,812 shares of the company’s stock after buying an additional 23,425 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $7,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Eclectic Associates Inc. ADV raised its stake in Vanguard Tax-Exempt Bond ETF by 89.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock valued at $2,547,000 after acquiring an additional 24,014 shares during the last quarter. Allen Capital Group LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 178.5% in the 3rd quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after purchasing an additional 16,255 shares during the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,681.1% in the third quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock valued at $29,747,000 after purchasing an additional 560,755 shares during the period. New York Life Investment Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.1% during the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock worth $42,865,000 after purchasing an additional 112,023 shares during the last quarter. Finally, Compound Planning Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 333,192 shares of the company’s stock worth $16,683,000 after purchasing an additional 46,505 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

Shares of NYSEARCA VTEB opened at $49.64 on Friday. The stock has a fifty day moving average price of $50.52 and a 200 day moving average price of $50.38. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1487 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. 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.

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.