Blankinship & Foster LLC Makes New $672,000 Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Blankinship & Foster LLC bought a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,400 shares of the company’s stock, valued at approximately $672,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,676,296 shares of the company’s stock worth $1,638,063,000 after purchasing an additional 1,116,602 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $1,041,552,000. Franklin Resources Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 18.2% during the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock worth $269,411,000 after buying an additional 818,486 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,990,070 shares of the company’s stock worth $255,092,000 after buying an additional 433,676 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 6.1% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 3,837,927 shares of the company’s stock worth $192,395,000 after buying an additional 219,309 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.07 on Friday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17. The business’s fifty day simple moving average is $50.14 and its 200-day simple moving average is $50.48.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

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.