Moody National Bank Trust Division Has $6.43 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

Moody National Bank Trust Division lowered its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 39.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 127,784 shares of the company’s stock after selling 83,380 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.6% of Moody National Bank Trust Division’s investment portfolio, making the stock its 28th largest holding. Moody National Bank Trust Division’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,426,000 at the end of the most recent reporting period.

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

Vanguard Tax-Exempt Bond ETF Stock Down 0.6%

Shares of NYSEARCA VTEB opened at $49.62 on Wednesday. The business has a fifty day moving average price of $50.58 and a two-hundred day moving average price of $50.38. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1487 per share. 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 yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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

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

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