Clune & Associates LTD. Makes New $416,000 Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Clune & Associates LTD. bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 8,295 shares of the company’s stock, valued at approximately $416,000.

Other large investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 29.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after purchasing an additional 108,101 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after acquiring an additional 46,219 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock valued at $522,000 after acquiring an additional 1,116 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $103,000. Finally, Eclectic Associates Inc. ADV grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after acquiring an additional 972 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $49.78 on Monday. The business has a 50-day moving average of $50.09 and a 200-day moving average of $50.42. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.1317 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

Vanguard Tax-Exempt Bond ETF Company 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.