LifeGoal Investments LLC Has $1.10 Million Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

LifeGoal Investments LLC grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 147.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 21,801 shares of the company’s stock after buying an additional 12,986 shares during the period. Vanguard Tax-Exempt Bond ETF makes up 0.7% of LifeGoal Investments LLC’s investment portfolio, making the stock its 29th largest holding. LifeGoal Investments LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,096,000 at the end of the most recent quarter.

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

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $49.77 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.18. The firm has a fifty day moving average of $50.50 and a 200-day moving average of $50.38.

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 $0.1487 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a 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.