Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Horizon Investments LLC

Horizon Investments LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,496 shares of the company’s stock after buying an additional 773 shares during the period. Horizon Investments LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $525,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. PDS Planning Inc boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 7.7% in the 4th quarter. PDS Planning Inc now owns 233,195 shares of the company’s stock valued at $11,690,000 after buying an additional 16,723 shares during the period. Axxcess Wealth Management LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 1.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 117,930 shares of the company’s stock valued at $5,912,000 after purchasing an additional 1,261 shares during the last quarter. Wrenne Financial Planning LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Wrenne Financial Planning LLC now owns 47,295 shares of the company’s stock valued at $2,371,000 after purchasing an additional 2,374 shares during the last quarter. Clearwater Capital Advisors LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $588,000. Finally, Parallel Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 89.6% in the 4th quarter. Parallel Advisors LLC now owns 45,766 shares of the company’s stock valued at $2,294,000 after purchasing an additional 21,625 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:VTEB opened at $49.86 on Friday. The company’s 50-day moving average price is $50.09 and its 200 day moving average price is $50.43. 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 company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1317 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase 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.