Mission Wealth Management LP Has $507,000 Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Mission Wealth Management LP lowered its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,117 shares of the company’s stock after selling 391 shares during the quarter. Mission Wealth Management LP’s holdings in Vanguard Tax-Exempt Bond ETF were worth $507,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock worth $1,613,332,000 after acquiring an additional 1,003,475 shares during the last quarter. Franklin Resources Inc. boosted its holdings in 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 acquiring an additional 818,486 shares during the last quarter. LPL Financial LLC boosted its holdings in 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 acquiring an additional 433,676 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in 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 acquiring an additional 219,309 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.9% during the 4th quarter. US Bancorp DE now owns 3,583,701 shares of the company’s stock worth $179,651,000 after acquiring an additional 167,474 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

VTEB opened at $50.23 on Thursday. The firm’s fifty day moving average price is $50.13 and its two-hundred day moving average price is $50.49. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued 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.

Vanguard Tax-Exempt Bond ETF Profile

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.