Graves Light Lenhart Wealth Inc. Raises Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Graves Light Lenhart Wealth Inc. increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 26.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,073 shares of the company’s stock after purchasing an additional 34,762 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 0.9% of Graves Light Lenhart Wealth Inc.’s holdings, making the stock its 28th biggest position. Graves Light Lenhart Wealth Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $8,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of VTEB. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock valued at $1,789,885,000 after buying an additional 580,997 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.4% in the third quarter. Wealthfront Advisers LLC now owns 22,264,110 shares of the company’s stock worth $1,114,764,000 after acquiring an additional 1,347,394 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% in the third quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock valued at $1,112,419,000 after acquiring an additional 386,204 shares in the last quarter. TIAA Trust National Association lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 14.4% in the third quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock valued at $713,772,000 after acquiring an additional 1,799,750 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.0% during the third quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock valued at $693,922,000 after acquiring an additional 654,293 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.9%

Vanguard Tax-Exempt Bond ETF stock opened at $49.80 on Monday. The stock has a 50-day moving average price of $50.61 and a 200 day moving average price of $50.38. 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 company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1487 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.

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.

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

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