Wealth Enhancement Advisory Services LLC Boosts Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,817,280 shares of the company’s stock after acquiring an additional 59,820 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $91,702,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of Vanguard Tax-Exempt Bond ETF stock 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 stock’s 50-day simple moving average is $50.61 and its 200 day simple moving average is $50.38.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.