Mather Group LLC. Buys 50,260 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Mather Group LLC. lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 942,979 shares of the company’s stock after acquiring an additional 50,260 shares during the period. Mather Group LLC. owned 0.11% of Vanguard Tax-Exempt Bond ETF worth $47,422,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Fort Washington Investment Advisors Inc. OH raised its position in shares of Vanguard Tax-Exempt Bond ETF by 2.4% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 25,746 shares of the company’s stock valued at $1,295,000 after purchasing an additional 600 shares during the period. LongView Wealth Management grew its stake in Vanguard Tax-Exempt Bond ETF by 42.7% in the 4th quarter. LongView Wealth Management now owns 7,221 shares of the company’s stock valued at $365,000 after buying an additional 2,160 shares during the last quarter. FC Advisory LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 44.3% in the 4th quarter. FC Advisory LLC now owns 30,604 shares of the company’s stock worth $1,539,000 after acquiring an additional 9,390 shares during the period. Parsons Capital Management Inc. RI bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $833,000. Finally, Norden Group LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 5.5% during the 4th quarter. Norden Group LLC now owns 22,170 shares of the company’s stock worth $1,115,000 after acquiring an additional 1,153 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2%

Shares of NYSEARCA:VTEB opened at $49.63 on Friday. The stock’s 50-day moving average is $50.54 and its 200-day moving average is $50.37. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1487 per share. This represents a c) annualized dividend and a yield of 3.6%. 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.

Vanguard Tax-Exempt Bond ETF Company Profile

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.