Vanguard Tax-Exempt Bond ETF $VTEB Shares Purchased by Yeomans Consulting Group Inc.
by Scott Moore · The Cerbat GemYeomans Consulting Group Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 185.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 310,975 shares of the company’s stock after acquiring an additional 202,118 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 4.6% of Yeomans Consulting Group Inc.’s portfolio, making the stock its 8th largest position. Yeomans Consulting Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $15,639,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 39.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 108,048,493 shares of the company’s stock valued at $5,297,618,000 after purchasing an additional 30,774,028 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $347,641,000. Betterment LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,261.4% in the 3rd quarter. Betterment LLC now owns 6,573,354 shares of the company’s stock valued at $329,128,000 after acquiring an additional 6,090,513 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock valued at $363,056,000 after acquiring an additional 3,458,654 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard Tax-Exempt Bond ETF by 49.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,591,400 shares of the company’s stock worth $480,241,000 after acquiring an additional 3,187,040 shares in the last quarter.
Vanguard Tax-Exempt Bond ETF Stock Down 0.9%
Shares of VTEB opened at $49.80 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $47.02 and a 52-week high of $51.18. The stock has a 50 day moving average price of $50.61 and a 200 day moving average price of $50.36.
Vanguard Tax-Exempt Bond ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1487 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14.
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.