Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Acquired by Burt Wealth Advisors

Burt Wealth Advisors boosted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 95,168 shares of the company’s stock after buying an additional 3,460 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.2% of Burt Wealth Advisors’ investment portfolio, making the stock its 18th largest position. Burt Wealth Advisors’ holdings in Vanguard Tax-Exempt Bond ETF were worth $4,771,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Physician Wealth Solutions Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 3.1% in the 4th quarter. Physician Wealth Solutions Inc. now owns 288,306 shares of the company’s stock worth $14,453,000 after purchasing an additional 8,691 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 buying an additional 1,116,602 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 17.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 172,622 shares of the company’s stock worth $8,654,000 after acquiring an additional 25,531 shares in the last quarter. Bedel Financial Consulting Inc. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 2.8% during the fourth quarter. Bedel Financial Consulting Inc. now owns 639,565 shares of the company’s stock valued at $32,208,000 after acquiring an additional 17,611 shares during the period. Finally, Global Strategic Investment Solutions LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 77.7% in the 4th quarter. Global Strategic Investment Solutions LLC now owns 74,097 shares of the company’s stock valued at $3,714,000 after acquiring an additional 32,394 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.4 %

Vanguard Tax-Exempt Bond ETF stock opened at $50.46 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The company has a 50 day moving average price of $50.12 and a 200 day moving average price of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.