Inspirion Wealth Advisors LLC Makes New $824,000 Investment in Vanguard Tax-Exempt Bond ETF $VTEB

Inspirion Wealth Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,384 shares of the company’s stock, valued at approximately $824,000.

Other institutional investors have also recently made changes to their positions in the company. JPL Wealth Management LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $25,000. Fairway Wealth LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $28,000. Lowe Wealth Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. United Financial Planning Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $37,000.

Vanguard Tax-Exempt Bond ETF Trading Down 0.9%

Shares of NYSEARCA:VTEB opened at $49.80 on Monday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.18. The business’s 50 day simple moving average is $50.61 and its two-hundred day simple moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1487 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

Vanguard Tax-Exempt Bond ETF Profile

(Free Report)

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.

Further Reading

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

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