Mission Wealth Management LP Has $1.31 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

Mission Wealth Management LP raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 137.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,160 shares of the company’s stock after buying an additional 15,146 shares during the quarter. Mission Wealth Management LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,310,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VTEB. James Investment Research Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.7% in the third quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock valued at $1,454,000 after acquiring an additional 200 shares in the last quarter. Litman Gregory Wealth Management LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.6% in the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $230,000 after purchasing an additional 204 shares during the period. Moseley Investment Management Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 2.1% during the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock worth $505,000 after purchasing an additional 206 shares in the last quarter. FDx Advisors Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 2nd quarter. FDx Advisors Inc. now owns 48,900 shares of the company’s stock worth $2,398,000 after purchasing an additional 218 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.3% during the second quarter. Chicago Partners Investment Group LLC now owns 64,591 shares of the company’s stock worth $3,135,000 after purchasing an additional 221 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

Shares of VTEB stock opened at $50.54 on Thursday. The stock has a 50 day simple moving average of $50.39 and a 200 day simple moving average of $49.96. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.02 and a 1 year high of $50.68.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1398 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, February 2nd.

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.