Simplicity Wealth LLC Makes New $1.05 Million Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Simplicity Wealth LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 21,001 shares of the company’s stock, valued at approximately $1,053,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEB. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth about $29,000. Advantage Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $42,000. Cromwell Holdings LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $48,000. Peterson Wealth Services acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $80,000. Finally, New Republic Capital LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $83,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.0 %

NYSEARCA VTEB opened at $50.07 on Monday. The stock’s 50-day moving average is $50.14 and its 200-day moving average is $50.48. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change 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.