Mariner LLC Boosts Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Mariner LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,542,195 shares of the company’s stock after acquiring an additional 283,756 shares during the period. Mariner LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $177,357,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $25,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter worth approximately $28,000. Lowe Wealth Advisors LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. United Financial Planning Group LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at $37,000.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0%

Shares of NYSEARCA:VTEB opened at $50.38 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $51.18. The company’s fifty day moving average is $50.64 and its 200 day moving average is $50.34.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1487 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.