Collaborative Wealth Managment Inc. Takes Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

by · The Cerbat Gem

Collaborative Wealth Managment Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,652 shares of the company’s stock, valued at approximately $320,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.9% in the second quarter. JPMorgan Chase & Co. now owns 59,674,437 shares of the company’s stock valued at $2,996,850,000 after purchasing an additional 1,671,150 shares during the period. Moneta Group Investment Advisors LLC lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 127,360.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 41,012,811 shares of the company’s stock valued at $2,029,724,000 after purchasing an additional 40,980,634 shares during the period. Charles Schwab Investment Advisory Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 35,341,021 shares of the company’s stock valued at $1,774,826,000 after purchasing an additional 509,600 shares during the period. Raymond James & Associates lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.7% in the third quarter. Raymond James & Associates now owns 16,966,655 shares of the company’s stock valued at $816,096,000 after purchasing an additional 441,023 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the fourth quarter. Morgan Stanley now owns 10,646,326 shares of the company’s stock valued at $526,887,000 after purchasing an additional 494,118 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1 %

Shares of NYSEARCA VTEB traded up $0.05 during midday trading on Friday, hitting $50.60. The company had a trading volume of 2,347,887 shares, compared to its average volume of 4,521,250. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.14 and a twelve month high of $51.15. The business has a 50-day simple moving average of $50.72 and a two-hundred day simple moving average of $49.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 28th. Investors of record on Tuesday, December 26th were paid a $0.1283 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Friday, December 22nd.

Vanguard Tax-Exempt Bond ETF Profile

(Free Report)

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.

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