Empower Advisory Group LLC Has $17.81 Million Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Empower Advisory Group LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 13.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 355,174 shares of the company’s stock after buying an additional 41,058 shares during the quarter. Empower Advisory Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $17,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 18.2% during the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after acquiring an additional 818,486 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock valued at $255,092,000 after acquiring an additional 433,676 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.1% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after acquiring an additional 219,309 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Vanguard Tax-Exempt Bond ETF by 1.2% during the third quarter. US Bancorp DE now owns 3,416,227 shares of the company’s stock worth $174,637,000 after purchasing an additional 41,437 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

NYSEARCA:VTEB opened at $50.19 on Tuesday. The business’s 50-day simple moving average is $50.14 and its 200-day simple moving average is $50.52. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.