Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) is Luminvest Wealth Management LLC’s 4th Largest Position

Luminvest Wealth Management LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 435,437 shares of the company’s stock after buying an additional 62,737 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 8.8% of Luminvest Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Luminvest Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $21,828,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in 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 valued at $1,613,332,000 after acquiring 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 valued at $269,411,000 after purchasing an additional 818,486 shares during the period. Astoria Strategic Wealth Inc. bought a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $33,647,000. Wealth Enhancement Advisory Services LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock valued at $104,367,000 after buying an additional 535,526 shares in the last quarter. Finally, One Wealth Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $23,802,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $50.23 on Monday. The company’s fifty day moving average price is $50.23 and its 200-day moving average price is $50.53. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 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.