Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Position Boosted by Valmark Advisers Inc.

Valmark Advisers Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,999 shares of the company’s stock after acquiring an additional 10,998 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,472,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Captrust Financial Advisors grew its stake in Vanguard Tax-Exempt Bond ETF by 18.6% during the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after acquiring an additional 46,219 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $103,000. Eclectic Associates Inc. ADV grew its stake in Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after acquiring an additional 972 shares in the last quarter. Souders Financial Advisors grew its stake in Vanguard Tax-Exempt Bond ETF by 1.1% during the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after acquiring an additional 295 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 4.7% during the 3rd quarter. Main Street Financial Solutions LLC now owns 37,857 shares of the company’s stock valued at $1,935,000 after acquiring an additional 1,702 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

NYSEARCA:VTEB opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The stock’s 50-day moving average is $50.14 and its two-hundred day moving average is $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1317 per share. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 3rd.

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.