Howard Wealth Management LLC Invests $210,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Posted by Stephan Jacobs on Feb 15th, 2025

Howard Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,187 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors also recently bought and sold shares of VTEB. Safe Harbor Fiduciary LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Bogart Wealth LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 2,942.1% during the third quarter. Bogart Wealth LLC now owns 578 shares of the company’s stock worth $30,000 after purchasing an additional 559 shares during the period. Peterson Wealth Services purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $80,000. New Republic Capital LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $83,000. Finally, Eastern Bank purchased a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $86,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of VTEB stock opened at $50.19 on Friday. The firm’s 50-day moving average is $50.16 and its two-hundred day moving average is $50.52. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.