VSM Wealth Advisory LLC Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

VSM Wealth Advisory LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 83,828 shares of the company’s stock, valued at approximately $4,202,000. Vanguard Tax-Exempt Bond ETF accounts for about 1.5% of VSM Wealth Advisory LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $29,000. Advantage Trust Co acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at approximately $42,000. Cromwell Holdings LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at approximately $48,000. Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $80,000. Finally, New Republic Capital LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $83,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of VTEB stock opened at $49.82 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The firm has a 50 day moving average of $50.09 and a 200-day moving average of $50.44.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 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.