Peterson Wealth Services Makes New Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Peterson Wealth Services acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,602 shares of the company’s stock, valued at approximately $80,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTEB. Charles Schwab Investment Management Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after purchasing an additional 1,003,475 shares during the last quarter. Franklin Resources Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 18.2% in the third quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the last quarter. Astoria Strategic Wealth Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $33,647,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 35.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,041,612 shares of the company’s stock valued at $104,367,000 after acquiring an additional 535,526 shares during the last quarter. Finally, One Wealth Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $23,802,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.24 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The business has a fifty day simple moving average of $50.23 and a 200 day simple moving average of $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.