Golden State Wealth Management LLC Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 7,724 shares of the company’s stock, valued at approximately $387,000.

Other hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $516,000. Brewster Financial Planning LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 38.1% during the 3rd quarter. Brewster Financial Planning LLC now owns 13,012 shares of the company’s stock valued at $665,000 after purchasing an additional 3,590 shares during the last quarter. Sanibel Captiva Trust Company Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 29.0% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 54,180 shares of the company’s stock valued at $2,770,000 after buying an additional 12,170 shares in the last quarter. Pinnacle Bancorp Inc. lifted its position in Vanguard Tax-Exempt Bond ETF by 4.1% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 32,896 shares of the company’s stock worth $1,682,000 after buying an additional 1,289 shares during the last quarter. Finally, Agate Pass Investment Management LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 10.7% in the third quarter. Agate Pass Investment Management LLC now owns 12,898 shares of the company’s stock worth $659,000 after buying an additional 1,242 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of NYSEARCA VTEB opened at $50.23 on Friday. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17. The firm’s 50 day simple moving average is $50.25 and its two-hundred day simple moving average is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued 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 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.