US Bancorp DE Has $179.65 Million Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

US Bancorp DE grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,583,701 shares of the company’s stock after purchasing an additional 167,474 shares during the quarter. US Bancorp DE’s holdings in Vanguard Tax-Exempt Bond ETF were worth $179,651,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after purchasing an additional 1,003,475 shares during the period. Franklin Resources Inc. raised its stake in Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares during the period. LPL Financial LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after buying an additional 433,676 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after buying an additional 219,309 shares during the period. Finally, Cerity Partners LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2.3% during the 3rd quarter. Cerity Partners LLC now owns 3,235,937 shares of the company’s stock worth $165,421,000 after buying an additional 73,945 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.3 %

VTEB stock opened at $50.66 on Friday. The stock has a 50-day moving average price of $50.11 and a two-hundred day moving average price of $50.50. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.1317 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.