Soltis Investment Advisors LLC Purchases 27,432 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Soltis Investment Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 24.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,065 shares of the company’s stock after buying an additional 27,432 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 0.9% of Soltis Investment Advisors LLC’s portfolio, making the stock its 22nd largest position. Soltis Investment Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,689,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTEB. Bank of New York Mellon Corp lifted its position in Vanguard Tax-Exempt Bond ETF by 144.4% during the 1st quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock worth $13,776,000 after buying an additional 157,887 shares in the last quarter. Baird Financial Group Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 81.6% in the 1st quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock valued at $2,940,000 after buying an additional 25,628 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 11.2% during the 1st quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock worth $1,540,000 after purchasing an additional 3,010 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 11.7% during the 1st quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock worth $1,356,000 after purchasing an additional 2,756 shares in the last quarter. Finally, AJ Wealth Strategies LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter worth approximately $3,989,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTEB traded down $0.14 on Monday, reaching $50.57. 1,862,782 shares of the company’s stock were exchanged, compared to its average volume of 4,478,434. The company has a fifty day moving average of $50.65 and a 200-day moving average of $49.50. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 28th. Stockholders of record on Tuesday, December 26th were issued a dividend of $0.1283 per share. The ex-dividend date of this dividend was Friday, December 22nd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.12.

Vanguard Tax-Exempt Bond ETF Company 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.

See Also

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

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