Millstone Evans Group LLC Buys Shares of 1,138 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Millstone Evans Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,138 shares of the company’s stock, valued at approximately $57,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. Raymond James Financial Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at approximately $1,041,552,000. Brooklyn FI LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% in the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after acquiring an additional 16,313,682 shares during the period. Life Planning Partners Inc lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 3,575.6% in the 4th quarter. Life Planning Partners Inc now owns 1,387,949 shares of the company’s stock worth $69,578,000 after acquiring an additional 1,350,188 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock worth $1,638,063,000 after acquiring an additional 1,116,602 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after acquiring an additional 818,486 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

Shares of VTEB stock opened at $49.78 on Monday. The stock has a 50 day moving average of $50.09 and a two-hundred day moving average of $50.42. 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 company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1317 dividend. The ex-dividend date of this dividend was Monday, March 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.