Shade Tree Advisors LLC Purchases Shares of 72,151 Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Shade Tree Advisors LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 72,151 shares of the company’s stock, valued at approximately $3,617,000. Vanguard Tax-Exempt Bond ETF comprises about 3.6% of Shade Tree Advisors LLC’s investment portfolio, making the stock its 5th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. AQR Capital Management LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter worth $516,000. Procyon Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 10.2% in the 3rd quarter. Procyon Advisors LLC now owns 15,451 shares of the company’s stock worth $790,000 after buying an additional 1,434 shares in the last quarter. CX Institutional increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.2% in the 3rd quarter. CX Institutional now owns 377,285 shares of the company’s stock worth $19,287,000 after buying an additional 11,782 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 7.9% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,618,618 shares of the company’s stock valued at $184,984,000 after buying an additional 265,307 shares in the last quarter. Finally, Occidental Asset Management LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 20.7% in the 3rd quarter. Occidental Asset Management LLC now owns 6,934 shares of the company’s stock valued at $354,000 after acquiring an additional 1,187 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTEB opened at $50.16 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The business’s 50 day moving average is $50.21 and its two-hundred day moving average is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders 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 an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.