Brookstone Capital Management Boosts Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Brookstone Capital Management boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 506,744 shares of the company’s stock after purchasing an additional 51,388 shares during the quarter. Brookstone Capital Management owned approximately 0.06% of Vanguard Tax-Exempt Bond ETF worth $25,484,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quantum Financial Planning Services Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the fourth quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after buying an additional 199 shares during the last quarter. James Investment Research Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the third quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock worth $1,454,000 after acquiring an additional 200 shares during the last quarter. Litman Gregory Wealth Management LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 4.6% during the third quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $230,000 after acquiring an additional 204 shares in the last quarter. Moseley Investment Management Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 2.1% during the third quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock valued at $505,000 after acquiring an additional 206 shares in the last quarter. Finally, Truepoint Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 0.5% in the 3rd quarter. Truepoint Inc. now owns 45,804 shares of the company’s stock valued at $2,293,000 after acquiring an additional 215 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3%

Shares of VTEB stock opened at $49.77 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.18. The company’s fifty day simple moving average is $50.50 and its two-hundred day simple moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1487 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. 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.

Vanguard Tax-Exempt Bond ETF Company 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.