Elm Partners Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 95,509 shares of the company’s stock, valued at approximately $4,876,000. Vanguard Tax-Exempt Bond ETF accounts for about 1.7% of Elm Partners Management LLC’s holdings, making the stock its 13th largest holding. Elm Partners Management LLC owned about 0.12% of Vanguard Tax-Exempt Bond ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VTEB. Meeder Asset Management Inc. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $121,000. Fifth Third Bancorp raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 504.5% during the third quarter. Fifth Third Bancorp now owns 3,210 shares of the company’s stock worth $162,000 after acquiring an additional 2,679 shares in the last quarter. FMR LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $170,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $181,000. Finally, Crabel Capital Management LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $202,000.

Shares of NYSEARCA:VTEB traded up $0.06 during midday trading on Friday, hitting $51.09. 5,167 shares of the stock were exchanged, compared to its average volume of 693,942. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.85 and a 52-week high of $51.50.

The company also recently disclosed a monthly dividend, which was paid on Friday, December 28th. Investors of record on Wednesday, December 26th were issued a dividend of $0.1034 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.43%. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, December 24th.

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Further Reading: Fundamental Analysis and Choosing Stocks

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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