Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by Verus Financial Partners Inc.

Verus Financial Partners Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 237,545 shares of the company’s stock after buying an additional 7,792 shares during the period. Vanguard Tax-Exempt Bond ETF comprises about 1.3% of Verus Financial Partners Inc.’s portfolio, making the stock its 14th largest holding. Verus Financial Partners Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,808,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $29,000. Bogart Wealth LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 2,942.1% during the 3rd quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after buying an additional 559 shares during the period. Rise Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 235.1% during the 3rd quarter. Rise Advisors LLC now owns 1,099 shares of the company’s stock valued at $56,000 after buying an additional 771 shares in the last quarter. Moisand Fitzgerald Tamayo LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 131.4% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 1,141 shares of the company’s stock valued at $58,000 after acquiring an additional 648 shares during the period. Finally, Marquette Asset Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth $59,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

VTEB opened at $50.13 on Friday. The firm’s fifty day simple moving average is $50.31 and its two-hundred day simple moving average is $50.54. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company 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.