Global Strategic Investment Solutions LLC Has $3.71 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Global Strategic Investment Solutions LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 77.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,097 shares of the company’s stock after purchasing an additional 32,394 shares during the period. Global Strategic Investment Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,714,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 valued at $1,613,332,000 after buying an additional 1,003,475 shares during the last quarter. Franklin Resources Inc. grew its position 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 worth $269,411,000 after acquiring an additional 818,486 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Tax-Exempt Bond ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after acquiring an additional 433,676 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after purchasing an additional 219,309 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 4th quarter. US Bancorp DE now owns 3,583,701 shares of the company’s stock valued at $179,651,000 after purchasing an additional 167,474 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.4 %

Shares of NYSEARCA:VTEB opened at $50.46 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The firm has a fifty day moving average price of $50.12 and a 200 day moving average price of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.1317 per share. The ex-dividend date of this dividend is Monday, March 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.