Brooklyn FI LLC Buys 16,313,682 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Brooklyn FI LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6,485.4% during the fourth quarter, Holdings Channel reports. The fund owned 16,565,228 shares of the company’s stock after purchasing an additional 16,313,682 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 4.4% of Brooklyn FI LLC’s portfolio, making the stock its 6th biggest position. Brooklyn FI LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $837,418,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Natixis Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the 3rd quarter. Natixis Advisors LLC now owns 187,568 shares of the company’s stock valued at $9,588,000 after buying an additional 9,756 shares during the period. Thrivent Financial for Lutherans grew its stake in Vanguard Tax-Exempt Bond ETF by 19.3% in the third quarter. Thrivent Financial for Lutherans now owns 85,628 shares of the company’s stock valued at $4,377,000 after purchasing an additional 13,871 shares in the last quarter. EnRich Financial Partners LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.0% in the third quarter. EnRich Financial Partners LLC now owns 181,975 shares of the company’s stock valued at $9,303,000 after buying an additional 5,229 shares in the last quarter. Pathstone Holdings LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 70.4% in the 3rd quarter. Pathstone Holdings LLC now owns 251,769 shares of the company’s stock valued at $12,866,000 after purchasing an additional 104,050 shares during the period. Finally, Prospera Financial Services Inc lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.0% in the third quarter. Prospera Financial Services Inc now owns 24,461 shares of the company’s stock valued at $1,250,000 after buying an additional 472 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of VTEB opened at $49.82 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.49 and a 52 week high of $51.17. The firm’s 50-day simple moving average is $50.09 and its 200 day simple moving average is $50.44.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Tax-Exempt Bond ETF Company 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.