Orion Portfolio Solutions LLC Purchases 69,244 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Orion Portfolio Solutions LLC boosted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 18.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 448,459 shares of the company’s stock after buying an additional 69,244 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $22,481,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Blair William & Co. IL grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.0% in the fourth quarter. Blair William & Co. IL now owns 76,670 shares of the company’s stock valued at $3,843,000 after acquiring an additional 726 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Tax-Exempt Bond ETF by 5.4% in the fourth quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock worth $3,945,012,000 after purchasing an additional 4,022,038 shares during the last quarter. Wells Financial Advisors INC grew its stake in Vanguard Tax-Exempt Bond ETF by 214.7% in the 4th quarter. Wells Financial Advisors INC now owns 18,880 shares of the company’s stock valued at $946,000 after purchasing an additional 12,880 shares during the period. Sellwood Investment Partners LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $2,409,000. Finally, SwitchPoint Financial Planning LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $1,893,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $49.25 on Friday. The company has a 50 day moving average of $50.07 and a 200-day moving average of $50.39. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.23 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.