Edge Capital Group LLC Acquires New Stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Edge Capital Group LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 8,666 shares of the company’s stock, valued at approximately $434,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FSC Wealth Advisors LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after acquiring an additional 216 shares in the last quarter. Cypress Wealth Services LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% in the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after purchasing an additional 223 shares during the period. Family Investment Center Inc. grew its stake in Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after purchasing an additional 223 shares in the last quarter. Allen Capital Group LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after purchasing an additional 227 shares during the period. Finally, Beta Wealth Group Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 0.6% in the 3rd quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock valued at $2,006,000 after purchasing an additional 234 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.36 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The stock has a 50-day simple moving average of $50.08 and a 200-day simple moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1317 dividend. The ex-dividend date was Monday, February 3rd. This is an increase 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.