Opes Wealth Management LLC Boosts Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Opes Wealth Management LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.4% in the fourth quarter, Holdings Channel reports. The firm owned 45,519 shares of the company’s stock after purchasing an additional 8,034 shares during the period. Opes Wealth Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,282,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VTEB. Claro Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 30.6% during the 3rd quarter. Claro Advisors LLC now owns 21,682 shares of the company’s stock worth $1,108,000 after purchasing an additional 5,075 shares during the period. Orgel Wealth Management LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.9% during the 3rd quarter. Orgel Wealth Management LLC now owns 2,488,119 shares of the company’s stock worth $127,193,000 after purchasing an additional 394,907 shares during the period. Kohmann Bosshard Financial Services LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.5% during the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 16,071 shares of the company’s stock worth $822,000 after purchasing an additional 974 shares during the period. Precedent Wealth Partners LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 14.7% during the 3rd quarter. Precedent Wealth Partners LLC now owns 21,693 shares of the company’s stock worth $1,109,000 after purchasing an additional 2,772 shares during the period. Finally, Net Worth Advisory Group purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $298,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:VTEB opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock has a 50-day simple moving average of $50.14 and a 200-day simple moving average of $50.52.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors 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 positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.