Mayport LLC Raises Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Mayport LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,475 shares of the company’s stock after acquiring an additional 257 shares during the quarter. Mayport LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $676,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Stephens Inc. AR increased its stake in Vanguard Tax-Exempt Bond ETF by 2.2% in the 3rd quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock valued at $1,852,000 after buying an additional 780 shares during the period. Clear Creek Financial Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 11.5% in the 3rd quarter. Clear Creek Financial Management LLC now owns 13,388 shares of the company’s stock valued at $684,000 after buying an additional 1,381 shares during the period. Janney Montgomery Scott LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 8.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 247,188 shares of the company’s stock valued at $12,636,000 after buying an additional 19,799 shares during the period. Opes Wealth Management LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 8.1% in the 3rd quarter. Opes Wealth Management LLC now owns 37,485 shares of the company’s stock valued at $1,916,000 after buying an additional 2,795 shares during the period. Finally, Forum Financial Management LP increased its stake in Vanguard Tax-Exempt Bond ETF by 105.4% in the 3rd quarter. Forum Financial Management LP now owns 10,682 shares of the company’s stock valued at $546,000 after buying an additional 5,482 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.46 on Tuesday. The company’s fifty day moving average is $50.12 and its two-hundred day moving average is $50.50. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be given 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, March 3rd.

About Vanguard Tax-Exempt Bond ETF

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.