Nemes Rush Group LLC Acquires 582 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Nemes Rush Group LLC raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 1,238.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 629 shares of the company’s stock after purchasing an additional 582 shares during the period. Nemes Rush Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $32,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VTEB. Franklin Resources Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 26.7% in the 4th quarter. Franklin Resources Inc. now owns 6,742,321 shares of the company’s stock valued at $337,993,000 after purchasing an additional 1,420,106 shares during the period. Riggs Capital Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $584,000. Summit Financial LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 7.6% during the 4th quarter. Summit Financial LLC now owns 275,835 shares of the company’s stock worth $13,828,000 after buying an additional 19,529 shares during the period. Alliancebernstein L.P. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at about $4,850,000. Finally, C M Bidwell & Associates Ltd. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 6.0% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 67,555 shares of the company’s stock valued at $3,387,000 after acquiring an additional 3,794 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.54 on Thursday. The company’s 50 day simple moving average is $50.04 and its 200 day simple moving average is $50.34. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.24 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.1317 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date is Tuesday, April 1st.

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.