Vanguard Tax-Exempt Bond ETF $VTEB Holdings Boosted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 33.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,080 shares of the company’s stock after purchasing an additional 47,985 shares during the period. Stratos Wealth Partners LTD.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $9,668,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. raised its position in Vanguard Tax-Exempt Bond ETF by 39.8% during the second quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after buying an additional 30,774,028 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 1.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,166,659 shares of the company’s stock valued at $1,724,221,000 after acquiring an additional 669,274 shares in the last quarter. Creative Planning increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.7% in the 2nd quarter. Creative Planning now owns 26,851,781 shares of the company’s stock valued at $1,316,543,000 after purchasing an additional 702,763 shares during the period. Wealthfront Advisers LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 6.4% in the third quarter. Wealthfront Advisers LLC now owns 22,264,110 shares of the company’s stock worth $1,114,764,000 after purchasing an additional 1,347,394 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the second quarter. Raymond James Financial Inc. now owns 21,831,076 shares of the company’s stock worth $1,070,378,000 after purchasing an additional 141,078 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2%

Shares of VTEB opened at $50.65 on Thursday. The company’s 50 day moving average price is $50.42 and its 200 day moving average price is $50.03. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $50.82.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1398 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%.

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.