Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 13.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 28,105 shares of the company’s stock after acquiring an additional 3,227 shares during the quarter. Sowell Financial Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 2.9% in the second quarter. JPMorgan Chase & Co. now owns 59,674,437 shares of the company’s stock worth $2,996,850,000 after purchasing an additional 1,671,150 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 127,360.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 41,012,811 shares of the company’s stock worth $2,029,724,000 after acquiring an additional 40,980,634 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.5% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 35,341,021 shares of the company’s stock valued at $1,774,826,000 after acquiring an additional 509,600 shares during the period. Raymond James & Associates grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.7% during the third quarter. Raymond James & Associates now owns 16,966,655 shares of the company’s stock valued at $816,096,000 after purchasing an additional 441,023 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 10,646,326 shares of the company’s stock worth $526,887,000 after purchasing an additional 494,118 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.45 on Tuesday. The business has a 50 day simple moving average of $50.65 and a 200 day simple moving average of $49.49. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.14 and a 12-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 given a dividend of $0.1283 per share. The ex-dividend date was Friday, December 22nd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.12.

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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